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Kacholia exits Dhabriya Polywood as Abakkus buys 5.55% stake for US$3.17M

What's the deal? Ace investor Ashish KacholiaDealroom has a profile for this one. Try Dealroom → has exited wall and ceiling panels maker Dhabriya PolywoodDealroom has a profile for this one. Try Dealroom →, selling almost his entire holding, while Sunil SinghaniaDealroom has a profile for this one. Try Dealroom →'s AbakkusDealroom has a profile for this one. Try Dealroom → acquired a 5.55% stake through open market transactions on July 23, 2026.

By the numbers: Kacholia sold 576,000 shares for US$3.03M at US$5.26 apiece on the BSE. Abakkus Venture Opportunities Fund bought 601,341 shares at US$5.27 each, worth US$3.17M. Surya Vanshi Commotrade also offloaded 100,000 shares for US$525.6K.

Why now? The trades coincided with a sharp rally in Dhabriya Polywood, whose shares jumped 19.55% to US$6.43 on the BSE amid strong volumes. The stock broke out of a long downward-sloping resistance trendline.

The context: As of June 2026, Kacholia held a 5.32% stake, or 576,347 shares, in the company.

The signal: The reshuffle shows one prominent Indian investor stepping back as another steps in — a reminder that high-profile ownership changes can move small-cap stocks even when the underlying business news is thin.

Read more: Moneycontrol

Image credit: Generated with Gemini

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