Religare independent directors say Burmans open offer price is low

Q: How long will it take to read this news story?

The story "Religare independent directors say Burmans open offer price is low" has 519 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Religare independent directors say Burmans open offer price is low" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 184 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25359137</li><li>URL: https://chronographically.beamstart.com/news/religare-independent-directors-say-burmans-1737618</li></ul>

Business Standard Logo Business Standard 1w ago

Religare independent directors say Burmans open offer price is low - Business Standard

Quick Summary:

However, this "Consolidation Condition" has not been addressed in the open offer letter, the directors stated.

In light of this, the independent directors advised public shareholders to carefully evaluate the offer and make an informed decision on whether to tender their shares.

The directors also highlighted that the RBI’s conditional approval letter for the proposed open offer contains certain conditions that have not been disclosed in the offer letter.