Home / Business and Economy / Investor Bets on Firms Post-Regulatory Hurdles
Investor Bets on Firms Post-Regulatory Hurdles
20 Aug
Summary
- IIFL Finance rebounded strongly after RBI ban, gold loans surged.
- Religare Enterprises faces a blocked demerger plan by the RBI.
- Ashish Dhawan is strategically investing in both firms.
Ashish Dhawan, a prominent investor, has made significant stakes in IIFL Finance and Religare Enterprises, companies dealing with regulatory issues. IIFL Finance experienced a strong rebound after the RBI lifted a ban on its gold loans in September 2024. The company reported record profits in June 2026, with its gold loan book growing significantly, despite its stock trading below sector averages.
Religare Enterprises, a holding company, is facing a setback as the RBI blocked its proposed demerger plan. This has stalled the potential to separately value its insurance and financial services businesses. Despite a net loss in the June quarter, its individual units like Care Health Insurance showed strong premium growth.
Dhawan's investment in IIFL Finance increased to 1.33%, while his stake in Religare reached 5.2% by June 2026. This dual strategy highlights his approach to capitalizing on opportunities arising from regulatory challenges, with IIFL representing a recovery play and Religare a bet on a blocked catalyst. Investors are advised to watch regulatory actions closely.
