The clarification comes amid allegations by the Dabur family, which is trying to obtain a controlling stake in Religare Enterprises Ltd (REL), that Saluja allegedly violated IRDAI and SEBI norms.

Kedara Capital Backs Decision Made On ESOPs Issued To Religare Chairperson

The statement came within days of proxy advisory firm InGovern Research alleging Saluja of receiving excessive remuneration

Religare Enterprises refutes allegations against Rashmi Saluja, shares may extend rally

Religare Enterprises refuted the allegations levelled against Chairman Rashmi Saluja terming those as completely false and erroneous.

Religare Denies Charges Of Excessive Remuneration To Its Chairperson Rashmi Saluja

InGovern says #ReligareEnterprises failed to disclose Rs 250 crore ESOPs issued to Chairperson Rashmi Saluja in its subsidiary Care Health Insurance.
Founder and MD Shriram Subramanian shares his views. #bqlive 
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InGovern Founder On Allegations Against Religare Enterprises | BQ Prime

The Burman family, which holds a controlling stake in Dabur, on Monday announced an open offer for a 26% stake

Burman Family Announces Open Offer For 26% Stake in Religare Enterprises; Details - News18

Burman family to make open offer to acquire 26% stake in Religare Enterprises Ltd (REL) at ₹235/share. Offer estimated to cost ₹2,116 crore. Burmans to take control of REL upon completion of offer, aiming to create leading financial services platform.

Burman family entities make open offer to acquire 26% stake in Religare Enterprises at ₹235 a share

Three Burman Family entities -- Puran Associates, Vic Enterprises and M B Finmart -- acquired a 7.5 per cent stake in Religare Enterprises for Rs 534 crore through open market transactions. According to the block deal data available with BSE, Puran Associates, Vic Enterprises, and M B Finmart purch…

Burman family is a ‘long-term investor’ in Religare: Mohit Burman

Dabur’s Burman Family on Thursday said that the decision to increase stake in Religare Enterprises was prompted by strong performance of health and retail broking businesses of the company.

Opportune time to increase stake in Religare Enterprises : Dabur Chairman

Burman family-controlled entities acquire 7.5% stake in Religare Enterprises Ltd. (REL) for ₹534 crore. The family now holds 14% stake in REL. The seller of the shares is a category I foreign portfolio investor. REL hit a 52-week high of ₹242.90 & closed at ₹234. The company reported a net profit of…

Dabur’s Burman family picks 7.5% more in Religare Enterprises, taking total stake to 21.5%

Total revenues increased to Rs 8 crore during the quarter under review as against Rs 7 crore a year ago.

Religare Enterprises Q1 loss narrows to Rs 6 crore

Religare Enterprises: Care Ratings said its outlook reflects the expectation that subsidiary will be able to raise additional debt through fund and non-fund-based support from its ultimate parent – Reliance Enterprises.

Religare Enterprises shares in focus as Care Ratings says outlook stable for subsidiary

Price return has been average, nothing exciting

Performance

Undervalued compared to the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Religare Enterprises Limited is a financial services company engaged in the business of broking in securities and commodities, lending and investments, financial advisory services, portfolio management services, asset management and insurance etc.