<ul data-eligibleForWebStory="true"><li>Indian private equity firm Kedaara Capital is set to reduce its shareholding in Vishal Mega Mart Ltd. via open market transactions by selling 10% equity for Rs 5,057 crore.</li><li>Promoter Samayat Services LLP offered to sell 45.9 crore shares at a floor price of Rs 112 apiece, representing a 12% discount to the last closing price on NSE.</li><li>Samayat Services currently holds 74.55% equity in Vishal Mega Mart as of March and the lockup period for the offloaded shares will be 150 days.</li><li>Vishal Mega Mart's share price settled 1% higher at Rs 125 apiece on the NSE, showing a 12% increase in the last 12 months and an 18% increase this year.</li><li>Out of nine analysts tracking Vishal Mega Mart, seven recommend a 'buy', one recommends a 'hold', and one recommends a 'sell' with varying price targets.</li></ul>

Vishal Mega Mart Block Deal: Promoter Offers 10% Stake For Rs 5,057 Crore

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