Sebi has ruled that Gaekwad’s competing bid for Religare was not financially credible and violated regulatory timelines, ...

The high-stakes battle for the control of Religare Enterprises Limited (REL) has taken another twist with Florida-based ...

Regulator says application 'frivolous', not backed by financial capabilities; also questions due diligence of investment ...

Sebi rejects Danny Gaekwad's application for competing open offer for Religare Enterprises, citing lack of financial proof.

SC allows Gaekwad an extension to deposit ₹600 crore into a bank account to prove the bona fides of his ₹5,000 crore ...

The applicant (Danny Gaekwad Developments & Investments, Florida) has failed to demonstrate his ability to meet the financial ...

The Securities and Exchange Board of India (SEBI) on Friday rejected a request from US-based businessman Danny Gaekwad to ...

Gaekwad had requested Sebi's exemption under takeover rules to propose ₹275 a share for Religare, offering a 17% premium to ...

As per the order released by SEBI's whole-time member, Ashwani Bhatia, Gaekwad's request has been rejected once again.

Capital markets regulator Sebi on Friday rejected Digvijay Laxhamsinh Gaekwad's plea seeking an exemption to make a competing ...

Gaekwad had made a Rs 5,000-crore competing offer for Religare acquisition against an open offer declared by the Burman ...

The regulator's order, passed on February 14, noted the lack of necessary approvals and financial ability as reasons ...