Religare Enterprises rises as Ashish Dhawan raises stake further
Mumbai, Sept. 1 -- According to his stock exchange disclosure, Dhawan acquired 36,00,238 shares on 31 August 2026 at an average price of Rs 237 per share. The acquisition was valued at approximately Rs 85.33 crore.
The shares represent 1.06% of Religare Enterprises' total voting share capital. Following the acquisition, Dhawan's holding increased to 2,52,81,090 shares, or 7.41%, from 6.35% earlier.
Dhawan also holds 36,19,148 warrants. Including these warrants, his total holding stands at 2.89 crore securities, equivalent to 7.28% of the company's diluted share capital.
The latest purchase follows his acquisition of 38 lakh shares on 28 August 2026 for Rs 88.16 crore. The earlier purchase had raised his equity stake to 6.35% from 5.24%...
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