Ashish Kacholia exits, Madhusudan Kela trims stake in smallcap NBFC stock that's up over 50% in 2026

Prominent investors Ashish Kacholia and Madhusudan Kela have reduced their stakes in SG Finserve. This move follows a substantial 52% share price increase since the year began. Kacholia's holding dropped below the disclosure threshold, indicating a likely exit from the company. Kela also marginally decreased his investment in the non-banking financial firm. SG Finserve reported strong loan book growth and robust profit figures for the recent quarter.