Shares of Vishal Mega Mart were in focus after its promoter sold about 14% stake through block deals worth roughly ₹7,600 crore. The shares were offloaded at around ₹117 apiece, reducing promoter holding significantly.
Among the key buyers were the Government of Singapore and HDFC Mutual Fund, along with other institutional investors.
Following the transaction, the stock declined during trading. The deal marks one of the largest stake sales since the retailer’s market debut and signals growing institutional interest in the company.