The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashish Dhawan
RELIGARE · price
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The stock exchange has received a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations from Ashish Dhawan, a known promoter and substantial shareholder of Religare Enterprises Ltd. Regulation 29(2) filings are required when a substantial shareholder's voting rights in the company change by more than 2% of the total share capital, or when their holding crosses key thresholds. The filing signals a notable change in Dhawan's shareholding, though the specific direction (acquisition or sale) and exact quantum are not detailed in the available text.
For retail investors, this is a mandatory regulatory disclosure from one of Religare's key stakeholders, which warrants attention. The actual impact on the stock will depend on whether this reflects a buy or sell and the size of the change, which is not clear from the headline alone.