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Vishal Mega Mart Shares Plunge as 14% Stake Traded in Blocks

Vishal Mega Mart Shares Plunge as 14% Stake Traded in Blocks WikiBit 2026-02-28 00:27

The share price of the hypermarket chain Vishal Mega Mart fell sharply on Friday after a significant portion of the company’s shares were traded in block

The share price of the hypermarket chain Vishal Mega Mart fell sharply on Friday after a significant portion of the companys shares were traded in block deals.

The stock shed as much as 8.2% from ₹127.53 per share in the previous close to ₹117. At time of writing, Vishal Mega Marts share is trading for ₹117.52, down nearly 7.8%.

Over 14% of Shares Traded in Block Deals

The stock struggled as over 14% of the companys equity changed hands in seven block deals.

Block deals take place when two parties buy or sell large quantities of shares in a single transaction at a predetermined price. These are executed on separate trading windows to avoid disrupting market prices. Institutional investors such as mutual funds and high-net worth individuals often execute these deals.

According to NDTV Profit, the , or the minimum price set for each share, was at ₹115, or 10% less than the current market price (CMP). The total size of the block deal is estimated to be ₹3,508 crore and the offloaded shares will have a lockup period of 150 days.

The block deals were executed following reports that Vishal Mega Marts promoter Samayat Services, which holds 54.09% stake in the company as of December 31, 2025 plans to sell a 6.5% stake via a block deal.

In June 2025, Samayat Services also sold around ₹90 crore worth of shares, representing a 19.6% stake in Vishal Mega Mart.. Big mutual funds, including SBI Mutual Fund and HDFC Mutual Fund participated in the deal.

Samayat Services is trimming down its stakes as Vishal Mega Mart continues its expansion.

“We saw healthy festive demand across all product categories. Our unique range of merchandise, especially our strong portfolio of own brands and leadership in opening price points, continued to translate into healthy footfalls across stores,” Vishal Mega Mart Managing Director and CEO, Gunender Kapur said in an exchange filing. “The company sustained momentum on its accelerated store rollout plan.”

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