28/6/2024, 12:15:07 pm

Ashish Kacholia Picks Up Stake In SG Mart, Shares in Locked Upper Circuit

Ace investor Ashish Kacholia bought a 1.1% stake in SG Mart, purchasing 9.10 lakh shares at ₹440 through a bulk deal, valued at around ₹40 crore. Promoters Meenakshi Gupta and Dhruv Gupta sold around 60 lakh shares, reducing their combined stake from 52% to around 49%. The deal has boosted SG Mart's shares, which jumped 2% to ₹449.85, snapping a six-session losing streak.