Ashish Kacholia buys 5 lakh shares of SME firm via preferential allotment, stock up 4%

Ace investor Ashish Kacholia has acquired 497,000 shares of SME firm V-Marc India through a preferential allotment. This follows the company's shareholder approval on September 12, 2024, for the issuance of equity shares on a preferential basis. On October 8, 2024, V-Marc India's Board of Directors approved the allotment of 16,35,000 equity shares at Rs 286.44 per share, totaling approximately Rs 46.83 crore.