The reports emphasised that the details of the parties involved in the transaction are yet to be made public
Shares of Vishal Mega Mart remain in focus on Tuesday as the reports suggested that the company’s promoters, Samayat Services LLP, likely offloaded a 20 per cent equity stake through block deals. The reports noted that 91 crore shares of the company worth around Rs 10,488 crore were offloaded at Rs 115 apiece.
The reports emphasised that the details of the parties involved in the transaction have not been officially made public. However, the earlier reports indicated that the promoter was set to offload a 10 per cent stake through block deals earlier.
As on 31 March 2025, Samayat Services held a 74.55 per cent stake in the company. Outperforming Nifty, the shares of Vishal Mega Mart have surged 18 per cent in 2025, as per the reports, which added that the retail chain clocked an 88 per cent year-on-year (YoY) surge in its net profit to Rs 115.1 crore for the fourth quarter of the fiscal year 2025 (Q4FY25).
The company’s revenue from operations rose to Rs 2,547.9 crore in the last quarter of FY25 as compared to Rs 2,068.9 crore in the corresponding quarter of FY24. The company noted, in an exchange filing, that there has been consistent progress in its quick commerce initiative, now extended to 656 stores across 429 cities and a registered user base of 8.7 million.
