Page 2 - Block Deal Norms

BAT likely to sell 3.5% stake in ITC for Rs 17K crore on Wednesday

British firm will use the proceeds of block trades to buy back own shares

CMS Info Systems drops 7% after 43 mn shares change hands via block deal

The shares, however, were quick to recover from their lows to trade just 1 per cent lower (at Rs 393 per share) at 10:05 AM.

SoftBank seeks to offload shares worth $135 million in Zomato: Report

This is the third time since August that SoftBank will offload its stake in Zomato, India's largest online food delivery service. It sold a similar stake in October

Bharti Telecom acquires 1.35% stake in Bharti Airtel through block deal

Bharti Telecom's stake in Bharti Airtel now stands at 39.59 per cent

Block deal impact: JSW Energy, Religare surge up to 10%, hit 52-week highs

Religare Enterprises hit a 52-week high of Rs 242.55, soaring 10% after around 25 million equity shares changed hands on the BSE till 03:14 PM

$3.9 billion: Block deals gain momentum in June, hit three-year high

Activity in block deals is seen as a precursor to growth in the IPO market, say bankers

FPI flows this year ride the coat-tails of ETFs and block deals, shows data

A turnaround in foreign flows has helped domestic markets exceed the all-time highs chalked up in December 2022 and rebound more than 10 per cent from this year's lows

abrdn to sell its entire 10.2% stake in HDFC AMC through block deal

Price band set between Rs 1,800 and Rs 1,892 for Tuesday's block deals

Mahindra CIE tanks 9% after block deal of 6.2% equity

At 09:15 AM; around 23.63 million equity shares representing 6.23 per cent of total equity of MCIE changed hands via block deal on the BSE.

Gokaldas Exports dips 4% after 13% equity changes hands via block deal

Till 09:23 AM, roughly 8.15 million equity shares, representing 13.5 per cent of the total equity of Gokaldas Exports, had changed hands on the NSE

Dabur India dips 3% as 1% equity change hands via block deals

At 09:15 am, around 18.2 million equity shares, representing 1.02 per cent of total equity of Dabur India, changed hands on the BSE

Nykaa hits new all-time low amid slew of block deals in past one month

In past two trading days, the stock price of Nykaa has declined 5 per cent after Kravis Investment Partners II offloaded 36.7 million shares of the company at a price of Rs 171 apiece.

TPG Capital to sell Nykaa shares worth Rs 1,000 cr via block deal on Friday

American private equity firm TPG Capital is likely to sell shares of Nykaa worth Rs 1,000 crore through a block deal

Gangwal may sell up to 2.8% in IndiGo Airlines for Rs 2,000 cr: Sources

Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, Bhatia's camp owns 38.17%

Block, stock, and trades: Block trades gather steam and what this suggests

Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies

London-based Vedanta Resources raises stake in India unit to 55.1%

VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website

Essel Propack sinks 6% as nearly 24% equity changes hands via block deal

According to media reports, Epsilon Bidco Pte. Ltd, a Blackstone entity which owns 75 per cent of Essel Propack, was looking to sell up to 23 per cent stake, to garner as much as $251 million

Sebi issues new block deal window rules; minimum order size now Rs 10 cr

Now, Sebi would provide two trading windows-- morning and afternoon-- of 15 minutes each