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CCI approves stake buy in Religare Enterprises by Burman family companies

By Economic Times - 10 months ago
The Competition Commission of India (CCI) has approved the proposals for stake acquisitions in Religare Enterprises (REL) by four entities controlled by the Burman family members. These entities aim to acquire a majority shareholding of up to 53.94% in REL and collectively exercise joint control over the company.

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