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Proxy advisory firm InGovern raises concern over delay in Religare AGM

By Economic Times - 2 months ago
Proxy advisory firm InGovern has expressed concern over Religare Enterprises' postponement of its 40th annual general meeting without a valid reason. The delay, which affects the re-appointment of executive chairperson Rashmi Saluja, has led to calls for a Sebi probe. The Burman family, holding a significant stake in REL, has also raised issues regarding insider trading and management control.

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