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Religare Enterprises faces governance review and seeks funding from new owners to address financial woes.
Religare Enterprises, an Indian financial services company, is undergoing a governance review to examine past practices and identify misconduct, with help from law firm Trilegal and accounting firm Grant Thornton.
The company is also seeking immediate funding from the Burman Group, its new promoters, to address a cash-flow gap.
The Burmans took control of Religare after a lengthy takeover battle.
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Religare Enterprises se enfrenta a una revisión de la gobernanza y busca financiación de nuevos propietarios para abordar problemas financieros.