Kalyan Jewellers may see 5 crore-share block deal at 8%-10% discount
A domestic mutual fund is reportedly preparing to sell about 5 crore Kalyan Jewellers shares through a block deal, with two bankers appointed. The seller is expected to retain part of its holding.
Kalyan Jewellers may see a domestic mutual fund sell about 5 crore shares in a block transaction, priced at an expected 8%-10% discount. The fund is expected to retain a stake, with two bankers appointed to manage the deal.
Why this matters
The potential sale follows Kalyan Jewellers' 38% June-quarter revenue growth, 17 store additions, more than doubled Candere sales, and the resurfacing of its April 2025 Instamart coin tie-up.
Retail-company signals are accelerating, up 566600% QoQ.