Ashish Dhawan acquires 38 lakh shares of Religare Enterprises via open market

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

RELIGARE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.0%Reaction day

₹233.70

prior close

₹238.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%+3.7% vs market

Investment Company peers, median of 61sector-0.7%+4.7% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.7 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+0.1

15m

-0.2

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+0.3+3.7-0.7+4.7

Next day

+7.5-0.7+8.2-1.3+8.8

+6.6-1.2+7.9-1.3+7.9

+7.7-0.7+8.4-0.5+8.2

+9.5+0.0+9.5-0.9+10.4

+9.1+0.4+8.7-1.5+10.6

+9.7+0.8+8.9-1.7+11.4

15d

+6.4-0.0+6.4-3.1+9.5

-2.4-0.8-1.6-6.0+3.6

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UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Non-promoter Mr. Ashish Dhawan bought 38,00,000 equity shares (1.11%) of Religare Enterprises on 28-Aug-2026 through open market. His stake rose from 5.42% to 6.38% of diluted share capital, taking total holding to 2.53 crore shares. He also holds 36.19 lakh warrants (0.91%). Disclosure filed under SEBI Takeover Regulations.

Likely market impact

Continued open-market buying by a non-promoter holder signals confidence. Watch for further stake additions toward takeover thresholds.