Religare Enterprises CEO sues own company amid takeover bids and insider trading allegations, raising governance concerns. Rashmi Saluja's fate hinges on gaining majority votes on 7-Feb.
What is covered in the Full Insight:
Introduction to the Religare Controversy
Background: The Singh Brothers’ Downfall
The Burman Family's Entry and Open Offer
Key Allegations and Legal Battles
Investment Prospects and Future Outlook
Boomeranged on Tue, 4 Feb 2025 23:42
The Delhi High Court denied Rashmi Saluja's request for interim relief to block the upcoming AGM proceedings on 7th February, during which her reappointment will be voted on. According to a Livemint report, 33% of investors and three proxy advisory firms are expected to vote against her reappointment.