Vishal Mega Mart promoter entity likely to sell 6.5% stake via block deal: Report

Vishal Mega Mart's promoter, Samayat Services LLP, is poised to divest a 6.5% stake in the company through a block deal, with shares priced at Rs 115 each—a 10% discount from the current market price of Rs 127.53. As of December 31, 2025, Samayat Services held a commanding 54.09% stake in Vishal Mega Mart, equating to 3.05 crore shares. The stock has demonstrated strong performance, with a 24% increase over the past year, outpacing the Nifty and BSE Sensex indices, which rose by 13% and 10%, respectively. The company reported a consolidated net profit of Rs 313 crore for the December quarter, marking a 19% increase from the previous year, alongside a 17% rise in total revenue to Rs 3,695 crore. Vishal Mega Mart operates more than 780 stores across India, offering affordable fashion and general merchandise primarily targeting middle-income consumers. The announcement of the stake sale comes amidst a broader trend of promoter stake sales in various companies, including Home First Finance Company, where significant stakes were also recently sold.