The Burman family of Dabur already the single largest shareholder in shadow bank Religare Enterprises Limited (REL), has further consolidated their position in the company even as the incumbent board of directors, led chairperson Rashmi Saluja, are opposing their efforts to take control. The Burman family today hiked their stake by around 4% in the company taking their cumulative stake in REL to 25.1% from 21.25% said people aware. The stake hike was done through open market purchases on…
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