Block Deal News: Promoters sold their stake worth Rs 1695 crore, transaction of more than 22 lakh shares took place

News Topical, Digital Desk : Block Deal News: On Thursday, September 25, 2025, the stock market witnessed a major block deal early in the morning. Confirming a CNBC Awaaz report, it is now clear that a major block deal took place in POLYCAB India. According to the report, a total of 2.273 million shares were transacted in this block deal, with a total value of approximately ₹1,695 crore.

The transaction price was set at ₹7,458 per share, and this block deal occurred exclusively within the block window. This trade is considered an important signal for investors and the market, as this massive deal for Polycab has drawn scrutiny from the company's stock. 

Who sold the stake? This block deal was executed by the promoters of Polycab India Limited and their family members, who are attempting to reduce their stake after the 90-day lock-in period. Polycab has attracted investors over the past few months, and this block deal has also generated considerable market discussion about the company's future strategies. Experts believe that this block deal for Polycab could impact the company's share price and create new opportunities for investors. Therefore, investors will be closely monitoring Polycab's next steps.

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