Vanguard Invests in Vishal Mega Mart: Rs 655 Crore Deal
- U.S.-based Vanguard Group has increased its investment in the Indian market by purchasing a 1.1% stake in the supermarket chain Vishal Mega Mart.
- The investment management company secured over 5.04 crore equity shares in Vishal Mega Mart, based in Gurugram, in two tranches.Data from the National Stock Exchange (NSE) indicates the...
- Following news of the stake acquisition, Vishal Mega Mart's shares experienced a boost, closing at ₹128.80 apiece on the NSE, a 2.12% increase.
Vanguard group makes a important move, injecting ₹655 crore into Vishal Mega Mart through open market transactions, securing a 1.1% stake in the Indian supermarket chain. This strategic investment, finalized Friday, sees the investment management giant acquire over 5.04 crore equity shares in two tranches, driving up Vishal Mega Mart’s stock value.The shares, purchased at an average of ₹129.74 each via NSE, propelled the closing price to ₹128.80, a 2.12% increase. The details of the sellers remain undisclosed. For comprehensive market insights, financial analysis and the latest stock market trends, visit news Directory 3. Discover what’s next for Vishal Mega Mart and Vanguard’s evolving relationship.
Vanguard Group invests in Vishal Mega Mart, Boosting Stock Value
Updated June 21, 2025
U.S.-based Vanguard Group has increased its investment in the Indian market by purchasing a 1.1% stake in the supermarket chain Vishal Mega Mart. The transaction, executed on Friday through open market transactions, is valued at ₹655 crore.
The investment management company secured over 5.04 crore equity shares in Vishal Mega Mart, based in Gurugram, in two tranches.Data from the National Stock Exchange (NSE) indicates the shares were acquired at an average price of ₹129.74 apiece, totaling ₹655.16 crore for the deal.
Following news of the stake acquisition, Vishal Mega Mart’s shares experienced a boost, closing at ₹128.80 apiece on the NSE, a 2.12% increase.
Details regarding the sellers involved in the open market transactions were not promptly available on the NSE.