Non-promoter Ashish Dhawan raises Religare stake to 5.42%

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

RELIGARE · price

Loading chart…

▲ 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

+5.3%Reaction day

₹253.02

prior close

₹265.26

announcement price

In-mkt

timing

Nifty Microcap 250market+0.8%+4.5% vs market

Investment Company peers, median of 62sector+0.2%+5.1% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.1 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.3+0.8+4.5+0.2+5.1

Next day

+6.7+0.1+6.6-0.5+7.2

+9.5+0.0+9.4-0.4+9.8

+9.1-0.6+9.7-1.1+10.2

+6.6-0.9+7.4-1.2+7.8

+6.3+0.2+6.1-1.1+7.4

+3.6+1.2+2.4-0.4+4.0

15d

+3.5+0.7+2.8-1.7+5.3

+3.2-0.4+3.6-2.7+5.9

-10.3+5.2-15.4-0.5-9.8

-1.8+5.4-7.1-3.6+1.9

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 62Pending

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

AI summary

Non-promoter investor Ashish Dhawan filed SAST Reg 29(1) disclosure for acquiring 30.3 lakh Religare Enterprises shares. He bought 13.3 lakh shares on the secondary market and converted 17 lakh warrants into equity at Rs 235 each on June 4, 2026. His stake rose from 5.08% to 5.42% of voting capital. Dhawan is not part of the promoter group. Religare equity capital expanded to 34.12 crore shares after the warrant conversion.

Likely market impact

Known investor Ashish Dhawan increasing Religare stake signals confidence. Positive read for shareholders as a non-promoter holding grows.