Ashish Kacholia invests Rs 10 cr in this smallcap co via preferential issue, stock zooms 5%

Ace investor Ashish Kacholia has been allotted 52,632 shares of Knowledge Marine & Engineering Works at ₹1,900 per share, investing around ₹10 crore. The preferential issue raised ₹270 crore overall, increasing the company’s paid-up capital to ₹12.22 crore.