Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: report

Samayat Services LLP, the promoter of Vishal Mega Mart, is expected to sell a 6.5% stake in the company through a block deal. The shares are likely to be sold at a price of Rs 115 each, which implies a discount of 10% to today’s closing price, according to the ET Now report.Samayat Services held 54.09% (Rs 252.74 crore) in Vishal Mega Mart as on December 31, 2025 and under the stake sale, 3.05 crore shares will be sold, the report said.

Shares of Vishal Mega Mart ended at Rs 127.53 on the NSE today, up by Rs 4.56 or 3.71% from Wednesday’s closing price. The stock traded today amid strong volumes with shares worth over Rs 4 crore changing hands.Shares of Vishal Mega Mart have risen 24% in a period of one year, outpacing Nifty’s 13% and BSE Sensex’s 10% in the same period.

According to Trendlyne data, the stock is currently trading above its 50-day simple moving average (SMA) of Rs 127, while it is below its 200-day SMA of Rs 136.

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. In other news, Home First Finance Company India’s promoters Aether (Mauritius) Limited and True North Fund V LLP today sold shares worth Rs 326 crore and Rs 334 crore in separate bulk deals on Thursday. The buyers were the French multinational bank Societe Generale and PICTET – Indian Equities.

Together they sold shares worth Rs 660 crore.

The stock fell sharply today to close at Rs 1,176.25, down almost 6% from Wednesday’s closing price.

Read more: Home First Finance bulk deal alert: Promoters sell stake worth Rs 660 crore; Societe Generale among buyers

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