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Ashish Kacholia Acquires 4.8% Stake in TechEra Engineering for ₹14.3 Crore

Ashish Kacholia Acquires 4.8% Stake in TechEra Engineering for ₹14.3 Crore

Ashish Kacholia has acquired a 4.8% stake in TechEra Engineering (India) Limited for ₹14.3 crore, split between Survayanshi Commotrade Private Limited (2.7%) and direct holding (2.1%). The aerospace and defense company showed strong financial performance with 38% revenue growth from ₹17.58 crore to ₹24.30 crore and turned profitable with ₹1.31 crore net profit. TechEra operates from a 78,000 sq. ft. facility and has manufactured over 3,000 aerospace tooling systems across 600+ turnkey projects.

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