As per the latest shareholding data filed by Vasa Denticity, ace investors Ashish Kacholia and Mukul Agrawal picked up substantial stakes in the company.
As per the data, Kacholia picked up a 3.80% stake in the company during the September quarter, which is worth around ₹29 crore. Agrawal bought around 4.10 lakh or 2.56% share of the company which is worth around ₹20 crore.
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The company filed the new shareholding data on Monday, and since then the stock has climbed up over 10%. The company late last month, announced completing the acquisition of Waldent Innovations Private Limited. The acquisition cost the company around ₹10 lakh.
“The acquisition will enable Dentalkart to grow and expand its business as WIPL is in the same industry
type of Dentalkart and by acquiring WIPL, Dentalkart will also have control over technology, innovations and intellectual properties of WIPL,” the company had said in an exchange filing.
Price Action: Vasa Denticity’s share price was up 1.80% to trade at ₹479.50 shortly after market open on Thursday.
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