The Burman family, prominent stakeholders in Dabur, has revealed an open offer to purchase a 26% stake in the diversified financial services group, Religare Enterprises, for up to Rs 2,116 crore ($255.03 million), as reported in a stock exchange filing. The offer specifies the acquisition of up to 90,042,541 shares at Rs 235 each. The Burman family previously acquired a 7.5% stake in Religare Enterprises for Rs 534 crore in August, raising their total stake to 21%. This move underscores their long-term investment strategy and confidence in Religare’s potential as a unique financial services platform, particularly in health insurance and retail broking.