Religare Board Seat Offered to Ex-Dabur Chairman Many Times, says chairperson Rashmi Saluja
Dabur India chairman, Anand Burman, was offered a seat on the board of Religare Enterprises multiple times, but he declined the request each time, claimed the financial services company's chairperson Rashmi Saluja. Instead, the Burman family confidant, Arjun Lamba, wanted to join the board, she added.
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«We had multiple times asked Anand Burman to come on board, but he refused. Instead, Arjun Lamba was wanting to come on board himself,» said Saluja during a virtual meet with the media Friday.
Anand Burman (72), a fifth-generation scion of the Burman clan, and Arjun Lamba (42), founder of Guardian Advisors, a portfolio management company, are on the board of Eveready Industries, the Kolkata-based battery maker acquired by the Burman family from the Khaitans in 2022.
Saluja, a doctor by training, who joined Religare as an independent director in 2018 and became its chairperson next year, said that «Anand Burman along with Arjun Lamba met me but never discussed the open offer (proposal for the financial services company's shareholders). If they had any intention of informing me then they should have done it with a proper protocol by writing to the board.»
The Burmans had accused her of insider trading after she sold Religare shares worth ?35 crore before the open offer announcement.
An email sent to the Burmans seeking their response to Saluja's claims went unanswered.
«I (in the capacity of executive chairperson) have nothing personal (against the
