Vishal Mega Mart bulk deal: Singapore government and HDFC MF buy shares while promoter sells 14% for Rs 7,636 crore

Vishal Mega Mart bulk deal: Singapore government and HDFC MF buy shares while promoter sells 14% for Rs 7,636 crore

The Singapore government and HDFC Mutual Fund on Friday acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore in Vishal Mega Mart, respectively, through separate bulk deals. The Monetary Authority of Singapore also emerged as a major buyer, buying shares worth Rs 858 crore in the supermarket-to-fashion retailer.Promoter entity Samayat Services LLP has transferred a 14% stake, representing 65.25 crore shares, in two tranches that were together valued at Rs 7,636 crore.

The Singapore government bought 12.69 crore shares at a price of Rs 117 each. Meanwhile, HDFC MF executed a number of deals to acquire over 9.40 crore shares in the company. The Monetary Authority of Singapore bought 7.33 crore shares.

Shares of Vishal Mega Mart ended at Rs 117.85 on the NSE today, down by Rs 9.68 or 7.59% from Thursday’s closing price.

Samayat Services held 54.09% (Rs 252.74 crore) in Vishal Mega Mart as on December 31, 2025. The sale of shares will see the sale of 3.05 crore shares, the report said.

Shares of Vishal Mega Mart have risen 14% in a one-year period, which is a slight outperformance compared to Nifty’s 12% and BSE Sensex’s 9% in the same period.

According to data from Trendlyne, the stock is currently trading below its 50-day and 200-day simple moving averages (SMA) of Rs 127 and Rs 136 respectively.

The company’s consolidated net profit for the quarter ended December stood at Rs 313 crore, which is a growth of 19% from Rs 263 crore in the same period a year ago. Total revenue in the quarter under review was Rs 3,695 crore, up 17% from Rs 3,155 crore in the corresponding quarter of the last fiscal.

Vishal Mega Mart is one of the leading Indian fashion hypermarket chains with over 780 stores, focusing on affordable fashion, general merchandise and groceries for middle-income customers.

(Disclaimer: The recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times.)

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