Ashish Dhawan buys additional 1.14% stake in Bluspring Enterprises, Ashish Kacholia exits Brand Concepts

Bulk Deals on March 23

• Ashish Dhawan buys additional 1.14% stake in Bluspring Enterprises
• Ashish Kacholia exits Brand Concepts
• Craft Emerging Market Fund, Neomile, Astorne Capital, Beacon Stone buy 32.5 lakh shares in Innovision

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Ace investor and philanthropist Ashish Dhawan has acquired additional 1.14 percent stake in Bluspring Enterprises, the Bengaluru-based infrastructure services company, whereas another well-known investor Ashish Kacholia exited Brand Concepts via open market transactions on March 23.

Perhaps, Bluspring Enterprises shares may have reacted to the deal, rising nearly 10 percent to close at Rs 50.22 after hitting all-time low intraday amid high volumes, however, Brand Concepts shares plunged 5.2 percent to end at Rs 216.4, the lowest closing level since April 2023.

As per the bulk deals data, Ashish Dhawan has bought 17 lakh shares (equivalent to 1.14 percent of paid-up equity) in Bluspring Enterprises at Rs 45.55 per share, valued at Rs 7.74 crore. He already held 4.97 percent stake in the company as of December 2025.

Ashish Kacholia exited Brand Concepts, the Indore-based company that manufactures bags, travel gear & fashion accessories, by selling entire 1.79 lakh shares (1.44 percent stake) to Suryavanshi Commotrade for Rs 3.9 crore.

Ashish Kacholia and Suryavanshi Commotrade exchanged shares at a price of Rs 217 per share.

Manpower services, and toll plaza management provider Innovision has also seen strong buying but the stock corrected sharply by 27.9 percent to close at Rs 374.2 on its first day of trading after IPO.

Craft Emerging Market Fund PCC through Citadel Capital Fund, and Elite Capital Fund has acquired 5 lakh shares in Innovision for Rs 23.38 crore, while Neomile Growth Fund-Series I, and Neomile Corporate Advisory bought 14.5 lakh shares for Rs 67.81 crore.

Further, Astorne Capital VCC Arven picked up 8.5 lakh shares in Innovision for Rs 39.75 crore, and Beacon Stone Capital bought 4.5 lakh shares for Rs 21.04 crore.

All these investors acquired shares in Innovision at Rs 467.7 per share, which is 25 percent higher than the closing price.