Eight Roads, Flipkart among sellers in ₹1,048 crore Shadowfax block trade
Shareholders including Eight Roads and Flipkart have sold shares in logistics firm Shadowfax Technologies through a ₹1,048 crore block trade.
Eight Roads and Flipkart are among shareholders selling Shadowfax Technologies shares in a ₹1,048 crore block trade.
Why this matters
The sale follows a recent signal that Shadowfax investors offered up to 9.08% in a ₹1,047.5 crore block deal, pointing to a broader shareholder sell-down.
Retail-company signals are accelerating, up 1,055,800% QoQ.