Acquiring Company
Burman Family
Acquired Company
Religare Enterprises Limited
DelhiDelhiFinancial ServicesFinanceLendingBankingDescription
The Burman family has acquired a controlling stake in Religare Enterprises Limited by obtaining over 50% of the shares. This acquisition followed a withdrawal of Religare's appeal against an earlier CCI order. The family now solidifies its ownership, enhancing its influence in the financial services sector. The move aligns with the family's broader investment strategy.
Quick answer
Burman Family is acquiring Religare Enterprises Limited, announced March 9, 2025. Burman Family is based in Delhi, Delhi, India.
- How much did Burman Family pay for Religare Enterprises Limited?
- The deal value was not disclosed.
- What does Burman Family do?
- The Burman family is known for owning the FMCG giant Dabur.
- Where are Burman Family and Religare Enterprises Limited based?
- Burman Family is based in Delhi, Delhi, India. Religare Enterprises Limited is based in Delhi, Delhi, India.
Source: Fundz verified event record.
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Who to call at Burman Family, and when
When Burman Family changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Religare Enterprises Limited?
Religare Enterprises Limited was acquired by Burman Family, based in Delhi. The deal was reported on March 9, 2025. The Burman family is known for owning the FMCG giant Dabur. They have interests in various sectors including finance and consumer goods. Their ownership of companies like Eveready showcases their diversified portfolio. Burman Family is privately held.
When did Burman Family acquire Religare Enterprises Limited?
Burman Family's acquisition of Religare Enterprises Limited was reported on March 9, 2025. The Burman family has acquired a controlling stake in Religare Enterprises Limited by obtaining over 50% of the shares. This acquisition followed a withdrawal of Religare's appeal against an earlier CCI order. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Religare Enterprises Limited do?
Religare Enterprises Limited is a financial services company providing a wide range of services, including lending, insurance, and investment banking. It is privately held, operating in Financial Services, and is based in Delhi.
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