Prior to market open, Bloomberg reported, citing sources, that the size of the block deal has been increased to ₹7,500 crore from ₹3,507.5 crore earlier.
On Thursday, CNBC-TV18 had reported, citing sources, that Samayat Services LLP was likely to sell up to 6.9% stake in the hypermarket chain at ₹115 apiece for ₹3,507.5 crore via a block deal. As per data available on the stock exchanges, promoter Samayat Services held 54.09% stake in Vishal Mega Mart, at the end of the December quarter.
After the block deal, any further stake sale would be subject to a lock-in period of 150 days.
Back in June 2025, Samayat Services LLP had sold around 90 crore shares of the company for around ₹10,220 crore.
Samayat Services is a firm jointly owned by PE firms Kedaara Capital and the Partners Group.
Vishal Mega Mart’s managing director and CEO Gunender Kapur India is poised for the next wave of consumption growth, aided by initiatives like GST rate rationalisation and reforms in direct taxation. He said he is optimistic about the positive impact of these changes on the business in the years to come.
Shares of Vishal Mega Mart were down 6.9% at 118.72 apiece around 9.20 am on Friday. The stock has declined21% in the last six months. The stock is up around 58% from its IPO price of ₹78 apiece.
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First Published: Feb 27, 2026 8:20 AM IS
