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Block Deals Worth ₹2,700 Crore Shake Up Seven Stocks
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CNBC TV18•23-09-2026, 12:16
Block Deals Worth ₹2,700 Crore Shake Up Seven Stocks
- •Over ₹2,700 crore in equity changed hands across seven stocks including Welspun Living, Texmaco Infrastructure, Meesho, Allied Blenders, Optiemus Infracom, Escorts Kubota, and Molbio Diagnostics.
- •Meesho saw the largest block deal valued at ₹900 crore, involving 0.84% of its equity, followed by Escorts Kubota at ₹453 crore and Welspun Living at ₹526 crore.
- •Welspun Living's shares rose 5.2% after a ₹526 crore deal, while Texmaco Infrastructure also saw a 4.2% increase following its ₹147 crore transaction.
- •Allied Blenders' ₹191 crore block deal comes as a promoter group member plans to sell shares to meet minimum public shareholding requirements.
- •Optiemus Infracom's ₹136 crore deal occurred after a 20% surge due to a new JV with Nothing Electronics, aiming to build smartphone R&D capabilities in India.
Key Questions Answered
Meesho saw the largest block deal in value terms at ₹900 crore on Wednesday, September 23, 2026.
Welspun Living saw 2.44 crore shares, or roughly 2.6% of its equity, change hands in a block deal at ₹215 per share, with the transaction valued at ₹526 crore.
The block deals come as promoter group member Bina Kishore Chhabria plans to sell up to 55 lakh shares to help Allied Blenders meet minimum public shareholding requirements.
