30 Oct 2025 | 5 Mins Read
Smallcap co soars 5% after Ashish Kacholia invests Rs 10 crore
Flipitmoney
Ashish Kacholia was allotted 52,632 equity shares in Knowledge Marine & Engineering Works at Rs 1,900 per share, aggregating to Rs 10 crore. The preferential issue involved issuing 14,21,054 equity shares to multiple investors at Rs 1,900 each, raising Rs 270 crore. The allotments are subject to listing approvals and aim to strengthen the company's capital base for future expansion.