India's Vishal Mega Mart falls on report of promoter's discounted share sale

Vishal Mega Mart

27/02/2026 04:18

** Shares of Vishal Mega Mart VSSL.NS fall 7% to 118 rupees

** Promoter Samayat Services is likely to sell a 6.5% stake in co via block deal, The Economic Times reports

** Block deal shows 673.8 mln shares traded hands - exchange data

** Stake sale at floor price of 115 rupees apiece, a 9.8% discount to co's closing price on Thursday

** VSSL and Samayat did not immediately respond to Reuters requests for comment

** Stock trims YTD gains to ~6.5%

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))