Shares of Religare Enterprises on Friday jumped 18.9 per cent after the Burman family acquired a controlling stake and designated as promoters following closure of the open offer. After the open offer, the shareholding of Burman family increased to 25.16 per cent, making it the largest shareholder and promoter of the company. Shares of Religare Enterprises closed at Rs 265.30, an increase of 18.97 per cent on the BSE. "We are pleased to announce that we have acquired control of Religare Enterprises Ltd (REL) and been designated as its promoters. We are grateful to our regulators, shareholders and other stakeholders for their trust and confidence," a Burman Group spokesperson said. The immediate priority is to instil stability, strengthen governance, and drive sustainable growth at the company, the spokesperson said, adding, governance, trust, and integrity will remain at the core of our vision as we steer REL towards a future defined by resilience and stakeholder value ...