Vijay Kedia-backed Kedia Securities has acquired 3.58 lakh shares in Exato Technologies, raising the combined holding of the firm and persons acting in concert to 9.68% of the company’s paid-up share capital. The stock has delivered near-multibagger returns in the last year, rising over 90%.
The acquisition marks a 3.56% stake in Exato Technologies. After the purchase, the combined holding of Kedia Securities and PACs, comprising Vijay Kishanlal Kedia and Neelu Pratik Kedia, increased to 9,74,293 shares.