Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > Business > Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore – Delhi News Daily
Business

Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore – Delhi News Daily

delhinewsdaily
Last updated: February 27, 2026 10:39 pm
delhinewsdaily
Share
SHARE


The Government of Singapore and HDFC Mutual Fund acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore, respectively, in Vishal Mega Mart through separate bulk deals on Friday. The Monetary Authority of Singapore also emerged as a key buyer, picking up shares worth Rs 858 crore in the grocery-to-fashion retailer.

Promoter entity Samayat Services LLP offloaded a 14% stake representing 65.25 crore shares in two tranches that were together valued at Rs 7,636 crore.

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

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

Samayat Services held 54.09% (252.74 crore) in Vishal Mega Mart as of December 31, 2025. Under the stake sale, 3.05 crore shares will be offloaded, the report said.

ET logo

Live Events

Vishal Mega Mart shares have gained 14% over a one year period, which is a slight outperformance over Nifty’s 12% and BSE Sensex’s 9% in the same period.

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

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

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

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



Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Megyn Kelly Drops 1999 Clinton’s Photo Bombshell Hours Before Epstein Deposition Showdown – Delhi News Daily
Next Article Follow England vs New Zealand live. (Picture Credit: AFP) Delhi Excise Policy: As Kejriwal & Sisodia Get Clean Chit In CBI Case, What Happens To ED Probe? – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Delhi Excise Policy: As Kejriwal & Sisodia Get Clean Chit In CBI Case, What Happens To ED Probe? – Delhi News Daily
  • Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore – Delhi News Daily
  • Megyn Kelly Drops 1999 Clinton’s Photo Bombshell Hours Before Epstein Deposition Showdown – Delhi News Daily
  • India land in Kolkata for do-or-die WI clash | Semi-final spot on the line – Delhi News Daily
  • What’s Cooking? Dinner Diplomacy Deepens Rift In Karnataka Congress As Shivakumar Loyalists Come Together – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

Business

Swiggy Q1 Results: Loss widens to Rs 1,197 crore, revenue soars 54% – Delhi News Daily

Food delivery player Swiggy Ltd on Thursday reported widening of its net losses to Rs 1,197 crore in the first…

2 Min Read
Business

Mind Over Money| Gratitude and Gita lessons anchor my leadership journey: Ankit Agarwal, InsuranceDekho – Delhi News Daily

In today’s fast-paced startup world, where founders are often caught in the chase for growth, Ankit Agarwal, Founder & CEO…

6 Min Read
Business

“Iran has to get back into world order flow…”: US President Trump – Delhi News Daily

US President Donald Trump on Friday (US local time) reiterated how the nuclear sites in Iran were "obliterated" and said…

6 Min Read
Business

Gold slips Rs 300 to Rs 98,600/10 g, silver plunges Rs 1,000 amid weak global cues – Delhi News Daily

Gold prices slipped Rs 300 to Rs 98,600 per 10 grams in the national capital on Wednesday due to unabated…

2 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?