Four companies witnessed significant block deals on Thursday, September 24, with equity worth ₹3,300 crore changing hands across large trades. According to reports from CNBC TV18, this follows another seven block deals that had taken place on Wednesday, indicating sustained institutional activity across Dalal Street. The transactions occurred across both pre-open block windows and after market open sessions, demonstrating active institutional participation in the current market environment.
Bluestone Jewellery experienced the largest individual transaction with 61.98 lakh shares (4.1% equity) worth ₹513 crore changing hands at ₹827 per share in a block deal window on BSE. As reported by CNBC TV18, prior to the block deal, sources indicated that Accel India III (Mauritius) Ltd and 360 ONE AAM Funds were likely to sell up to 5.6% stake for ₹728.5 crore with a floor price set at ₹800 per equity share. The transaction included a 60-day lock-in period for sellers on further stake sales. At the end of the June quarter, promoter entities held 16.25% stake while public shareholders held 83.75%, with Accel India II holding 8.08% stake. Shares of Bluestone Jewellery were down 2.5% at ₹834 apiece just after market open on Thursday, with the stock up 75% this year so far.
Sedemac Mechatronics saw 48.79 lakh shares worth ₹1,469 crore change hands at ₹3,010 per share in block deals on Thursday. According to CNBC TV18, this followed Wednesday's announcement regarding potential block deals, with sources indicating that 10% of existing total shares outstanding worth ₹1,329 crore was likely to change hands at ₹3,000 per equity share. The sellers included A91 Emerging Fund II LLP, Xponentia Capital Partners LLP, Xponentia Opportunities Fund II, Xponentia Opportunities Ltd, Mace Pvt Ltd and HDFC Life Insurance Company, all subject to a 60-day lock-in period. At the end of the first quarter, promoter entities held 26.23% stake while public shareholders comprised 73.77%, with A91 Emerging Fund holding 10.94%, Xponentia Opportunities Fund-II holding 5.51%, Xponentia Opportunities Ltd holding 2.25%, Mace Pvt Ltd holding 4.06%, and HDFC Life Insurance Company holding 2.49% stake.
Nephrocare Health Services witnessed 59.2 lakh shares (5.9% equity) worth ₹419 crore changing hands at ₹708 per share via block deals on Thursday. As reported by CNBC TV18, the transaction involved 8.9% of total equity set to change hands at up to ₹650 crore, with the base offer size up to 5.5% of total equity amounting to ₹400 crore and an upsize option of up to 3.4% equity worth ₹250 crore. The offer price was set at ₹705 per share. Sellers included Investcorp Private Equity Fund II, Healthcare Parent Limited, Investcorp India Private Equity Opportunity Limited, Edoras Investment Holdings Pte Ltd, Quadria Capital India Fund III, Bessemer Venture Partners Trust, Vikram Vuppala, Viraaj Family Trust and Manvi Family Trust. At the end of the first quarter, promoter entities held 63.85% stake while public shareholders held 36.15%. Shares of Nephrocare Health Services were down 4.2% at ₹711 apiece at 9:34 am on Thursday, with the stock up 3.5% in the past month and 51% in 2026 so far.
Godrej Consumer Products saw 1.02 crore shares (1% equity) worth ₹900 crore change hands at ₹880 per share in a block deal window on BSE on Thursday. According to CNBC TV18, at the end of the June quarter, promoter entities held 53.05% stake in the company while public shareholders held 49.95%. Shares of Godrej Consumer Products were down 0.5% at ₹975.5 apiece in early trade on Thursday, with the stock declining 6% in the past month and 29.6% this year so far. The stock had listed in March this year and has declined 5% in the past month but is up over 130% from its issue price.
