*_Salestorrs_*, after an 18-month-long legal battle, the Burmans, owners of Dabur India Limited, acquired Religare, the Delhi-based financial services. They infused ₹2,116 crore for an additional 26% stake and now own over 50%. Religare’s former promoters, Malvinder and Shivinder Mohan Singh (Ranbaxy), were arrested in 2019 for defrauding Religare Finvest, REL’s main lending business, for approximately ₹2,400 crore. Rashmi Saluja was appointed CEO-Chairperson in 2019. The company’s management had been in conflict with the Burmans ever since. She was ousted on February 7th, 2025, after failing to secure a reappointment by shareholders. How has Religare been performing in times of conflict? Find out in today's *SalestorrsNews150* _News in 150 words._ https://www.salestors.com/news/the-burmans-acquire-religare-for-%E2%82%B92%2C116-crore