Vishal Mega Mart has 585.7 million shares traded in a block

Vishal Mega Mart has 585.7 million shares traded in a block

Vishal Mega Mart Promoter Executes Major Block Deal, Shares Decline

Shares of Vishal Mega Mart Ltd. fell 7.8% to ₹115.10 on the BSE on February 24, 2026, following reports that promoter Samayat Services LLP executed a block deal to offload a 20% equity stake in the company, valued at ₹10,488 crore based on 91 crore shares traded at ₹115 apiece. This transaction, if confirmed, would represent one of the largest block deals in India's retail sector this year. Earlier reports had indicated plans to sell a 10% stake worth ₹5,057 crore at ₹110 per share, but evolving negotiations appear to have increased the scale of the deal.

The block deal has triggered short-term volatility, with the stock price dipping despite Vishal Mega Mart's strong financial performance. For Q4 FY25, the company reported an 88% year-on-year rise in net profit to ₹115.1 crore, driven by a 23.2% revenue increase to ₹2,547.9 crore. EBITDA expanded 42.6% to ₹357 crore, with margins improving to 14% from 12.1% in the prior year. These results have supported a 18% year-to-date gain in its stock price, outperforming the Nifty 50's 5% return.

As of March 31, 2025, Samayat Services held a 74.55% stake in Vishal Mega Mart, which operates as a hypermarket chain targeting middle- and lower-middle-income consumers. The company, with a market capitalization of ₹58,096 crore, has gained 12% since its December 2024 listing. Analysts note that large block deals often cause temporary price fluctuations but emphasize the retailer's robust operational momentum. Investors are advised to await official disclosures for clarity on the transaction's structure and long-term implications.

Source: Economic Times, February 2025.