Ashish Dhawan has disclosed an acquisition of shares in Religare Enterprises Limited, as required by Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details the change in his shareholding and voting rights. This filing provides transparency regarding the movement of substantial stakes in the company, adhering to regulatory requirements for significant share acquisitions.
Shareholding Disclosure Filed
In compliance with regulatory mandates, Ashish Dhawan has submitted a disclosure regarding the acquisition of shares in Religare Enterprises Limited. This action is undertaken as per the provisions of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing details the updated shareholding and voting rights following the transaction.
Transaction Details
The disclosure indicates that following the acquisition, Ashish Dhawan now holds 2,16,80,852 equity shares carrying voting rights, representing approximately 6.35% of the total share capital. Prior to this transaction, his holding was 1,78,80,852 shares (5.24%). The acquisition was made through an Open Market Purchase on August 28, 2026. The total diluted share capital of Religare Enterprises Limited after this acquisition stands at 39,68,19,811 equity shares.
Regulatory Compliance
This filing ensures transparency and adherence to the substantial acquisition regulations set forth by SEBI. It provides stakeholders with crucial information about changes in significant shareholdings, contributing to market integrity and investor confidence. The total equity share capital of the target company is reported as 34,12,33,742 equity shares.
Source: BSE
