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Burman Family Takes Control of Religare

CosmicTaco · 2025-02-21T10:49:12.990290+05:30

- Shares of Religare Enterprises surged 8.5% after the Burman family officially acquired control. - The acquisition concluded an 18-month takeover battle for the Delhi-based financial services firm. - The Burman family's shareholding now stands at 25.16% of the total paid-up capital. - Their immediate priority is to instill stability, enhance governance, and drive sustainable growth. - The family reaffirmed their commitment to governance, trust, and integrity in guiding the company. Source: [Mint](https://www.livemint.com/market/stock-market-news/religare-enterprises-stock-surged-8-5-after-burman-family-acquired-controlling-stake-11740110884974.html), [Moneycontrol](https://www.moneycontrol.com/news/business/markets/religare-ent-shares-spring-up-9-after-burman-family-gains-controlling-stake-12947002.html), [News 18](https://www.news18.com/business/markets/religare-enterprises-share-in-focus-as-burman-family-gains-controlling-stake-9235183.html), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/burmans-of-dabur-finally-take-control-of-religare/articleshow/118432155.cms)

Shares of Religare Enterprises surged 8.5% after the Burman family officially acquired control.
The acquisition concluded an 18-month takeover battle for the Delhi-based financial services firm.
The Burman family's shareholding now stands at 25.16% of the total paid-up capital.
Their immediate priority is to instill stability, enhance governance, and drive sustainable growth.
The family reaffirmed their commitment to governance, trust, and integrity in guiding the company.

Source: Mint, Moneycontrol, News 18, The Times Of India