Sebi has ruled that Gaekwad’s competing bid for Religare was not financially credible and violated regulatory timelines, ...
Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment ...
SC allows Gaekwad an extension to deposit ₹600 crore into a bank account to prove the bona fides of his ₹5,000 crore ...
Sebi rejects Danny Gaekwad's application for competing open offer for Religare Enterprises, citing lack of financial proof.
The high-stakes battle for the control of Religare Enterprises Limited (REL) has taken another twist with Florida-based ...
MUMBAI: The market regulator Sebi has refused to give any exemption to Digvijay Laxhamsinh Gaekwad (Danny Gaekwad ...
The applicant (Danny Gaekwad Developments & Investments, Florida) has failed to demonstrate his ability to meet the financial ...
Gaekwad had made a Rs 5,000-crore competing offer for Religare acquisition against an open offer declared by the Burman ...
Gaekwad had requested Sebi's exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to ...
Supreme Court orders US businessman to deposit ₹600 crore by Thursday for Religare Enterprises counter-offer, amid SEBI ...
As per the order released by SEBI's whole-time member, Ashwani Bhatia, Gaekwad's request has been rejected once again.
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