With Burman’s in the driving seat, fresh funds and a new name on cards for Religare

The Burman family has officially taken over Religare Enterprises Ltd (REL) and plans to infuse ₹2,000 crore by subscribing to preferential shares, increasing their stake to over 50%. They aim to rebrand Religare and appoint a new management team to transform it into a competitive non-banking financial company. The Burman family has officially taken over Religare Enterprises Ltd (REL) and plans to infuse ₹2,000 crore by subscribing to preferential shares, increasing their stake to over 50%. They aim to rebrand Religare and appoint a new management team to transform it into a competitive non-banking financial company.  Economic Times