Non-promoter Ashish Dhawan raises Religare stake to 5.42%

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

RELIGARE · price

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

Price reaction · full curve 14 horizons · vs prior close

+6.7%1-day move

₹253.02

prior close

₹265.26

base price

In-mkt

timing

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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.