KAYAK INVESTMENTS HOLDING PTE.LTD sold 9,69,58,852 shares in Max Healthcare Ins Ltd at Rs 340.00 per share on the NSE.
JSP EMPLOYEE BENEFIT TRUST bought 57,50,000 shares in Jindal Steel & Power at Rs 536.22 per share on the NSE.
TCG FUNDS FUND 1 bought 73,000 shares in Ajooni Biotech Limited at Rs 67.29 per share on the NSE.
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JANATI BIOPOWER PRIVATE LIMITED sold 70,00,000 shares in Orient Green Power Co Ltd at Rs 11.97 per share on the NSE.
MANSOUL COMMERCIAL PRIVATE LIMITED bought 9,55,000 shares in Iris Business Serv Ltd at Rs 101.00 per share on the NSE.
NARESH JAGUMAL KARDA sold 100,00,000 shares of KBC Global Limited at Rs 9.71 per share on NSE.
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SYSTEMATIX SHARES AND STOCKS (INDIA) LIMITED sold 1,83,000 shares of Empyrean Cashews Limited at Rs 44.10 per share on NSE.
VIKASA INDIA EIF I FUND bought 2,00,000 shares in Mangalam Global Ent Ltd at Rs 199.00 per share on the NSE.
VAISHALI PANKAJ VYAS sold 2,26,800 shares of SecUR Credentials Limited at Rs 113.09 per share on NSE.
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MUDUPULAVEMULA SURENDRANADHA REDDY sold 93,149 shares in Silgo Retail Limited at Rs 30.65 per share on the NSE.
RAMLAL KANWARLAL JAIN sold 60,05,237 shares in Vikas EcoTech Limited at Rs 5.32 per share on the NSE.
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A bulk deal is one in which the total number of shares purchased or sold exceeds 0.5% of the company’s share capital. A bulk deal can be completed using either the usual trading window or the block trading window.
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When a major FII, mutual fund, or HNI wishes to acquire a huge block of shares in a specific stock, they frequently choose to employ sliced trades throughout the day. This guarantees that businesses take full advantage of market volatility and are able to minimize their overall acquisition costs.
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Similarly, in the event of bulk selling, the sliced strategy aids in obtaining a higher selling price. Bulk deals must be notified to the exchange by the broker who executes the trade.
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If a bulk deal (exceeding 0.5% of the share capital) is conducted through the block window, the trade must be notified to the exchange promptly. If the total buy or sale of a sliced order during the day exceeds 0.5% of the share capital, the bulk deal must be disclosed to the exchange within 1 hour after the closing of the trade.