Madhusudan Kela-backed firm picks stake in SME stock Yash Highvoltage via preferential issue (opens original article in a new tab)

Madhusudan Kela's firm invested in Yash Highvoltage, which approved a Rs 151 crore preferential issue to expand its 550 kV manufacturing capabilities, following a significant stock price increase.

• Madhusudan Kela's firm bought 14,000 shares of Yash Highvoltage for Rs 1 crore
• Yash Highvoltage approved a preferential issue of up to Rs 151 crore to expand manufacturing to 550 kV
• Shares gained 103% over six months and 110% this year