“We expect the change of control to take effect in the coming weeks from Aegon and Bennett, Coleman & Co. (BCCL) to the Bandhan Group,” Karni Singh Arha, managing director, Bandhan Financial Holdings, told ET.
InGovern Research Services said Care Health Insurance issued Esops to Rashmi Saluja, executive chairperson of its parent Religare Enterprises Ltd, despite the insurance regulator specifically rejecting the proposal