Vijay Kedia Acquires Additional 3.56% Stake In This Low-Debt Small-Cap IT Services Company; Shares Jump 14%
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Vijay Kedia-backed Kedia Securities acquired an additional 3.56 per cent stake in Exato Technologies, taking its combined holding to 9.68 per cent, while the company reduced debt and strengthened its balance sheet in FY26.
✨ Key Takeaways
On Friday, Indian equity benchmarks ended higher, with the benchmark Nifty 50 index rising 0.98 per cent to 24,217.60. Amid the broader market strength, Exato Technologies share price jumped 13.67 per cent to close at Rs 480.95, extending their two-day rally to nearly 30 per cent.
Kedia Securities Increases Stake
Vijay Kedia-backed Kedia Securities Private Limited acquired 3,58,500 equity shares, representing a 3.56 per cent stake in Exato Technologies. Following the acquisition, the combined shareholding of Kedia Securities Private Limited and Persons Acting in Concert (PACs), comprising Vijay Kishanlal Kedia and Neelu Pratik Kedia, increased to 9,74,293 equity shares, representing 9.68 per cent of the company's paid-up share capital.
Balance Sheet Strengthens in FY26
Exato Technologies reported an improvement in its balance sheet during FY26. The company's borrowings declined to Rs 21 crore in FY26 from Rs 32 crore in FY25, indicating lower debt levels. At the same time, reserves increased to Rs 79 crore from Rs 43 crore, reflecting stronger retained earnings and an improved financial position.
The company's total assets increased to Rs 124 crore in FY26 from Rs 96 crore in FY25, while equity capital stood at Rs 10 crore following the recent corporate actions.
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Volume Activity Picks Up
The stock also witnessed a sharp rise in trading activity. During the session, 1.06 lakh shares changed hands, significantly higher than the 30-day average trading volume of around 35,870 shares, reflecting increased investor participation alongside the sharp price rally.
About Exato Technologies
Exato Technologies Limited operates in the information technology and digital solutions space, providing technology-enabled services and software solutions to enterprise customers. The company continues to focus on expanding its business while strengthening its balance sheet through improved profitability and lower debt.
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Disclaimer: The article is for informational purposes only and not investment advice.