Mumbai, Aug. 31 -- According to stock exchange data, Dhawan bought 18 lakh shares on the NSE and 20 lakh shares on the BSE at Rs 232 per share. The transactions were valued at Rs 88.16 crore. The aggregate of 38 lakh shares represent 1.11% of Religare Enterprises' total voting share capital.

Following the acquisition, Dhawan's holding increased to 2,16,80,852 shares, or 6.35%, from 5.24% earlier.

Dhawan also holds 36,19,148 warrants. Including these warrants, his total holding stands at 2.53 crore securities, equivalent to 6.38% of the company's diluted share capital.

Diluted share capital refers to the total equity shares that the company would have if all outstanding warrants and other convertible securities were converted into share...