The Board of Directors of Care Health Insurance Ltd (CARE) rejected the Burman family’s demand to remove Dr. Rashmi Saluja as non-executive chairperson during the Annual General Meeting (AGM). The decision was made despite pressure from the Burmans, who are the largest shareholders in Religare Enterprises Ltd (REL), which holds a 64% stake in CARE. The board reviewed the Burman family’s demands and decided to maintain Dr. Saluja’s position, upholding their guidelines.
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