Ashish Kacholia offloads almost 1% of Xpro India via open-market trades
Ashish Kacholia sold 0.94% of Xpro India for Rs 21.53 crore, while Rishi Kajaria bought 0.73% of Swaraj Suiting, per NSE bulk deal data via Moneycontrol.
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what happened
Moneycontrol reports that investor Ashish Kacholia sold roughly 1% of his holding in Xpro India on Monday through open-market trades. Citing NSE bulk deal data from October 19, the transactions covered 2.22 lakh shares, or 0.94% of paid-up capital, sold at an average of Rs 970.11 each, worth Rs 21.53 crore. As of September 2026, he had held 2.01%, or 4.71 lakh shares.
Xpro India, a polymer processing firm tied to the Birla Group, still closed up 1.79% at Rs 995 on Monday, ending a five-day losing run. The stock remains more than 31% below its September 2026 high of Rs 1,408.70.
Separately, high-net-worth investor Rishi Kajaria bought 1.94 lakh more shares of Swaraj Suiting, a cotton and synthetic fabric maker, for Rs 6.29 crore at an average of Rs 323.38 apiece.
why it matters
Holdings disclosures like these are routine and usually reflect individual portfolio decisions rather than company-level news. The Xpro India sale was small relative to the company's capital, and the shares still rose that day, suggesting limited market impact. Market participants track such bulk deal filings to see how the group of large shareholders is changing.
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- Ashish Kacholia sells nearly 1% stake in Xpro India — moneycontrol.com, 19 October 2026 at 18:58 UTC
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