Kalyan Jewellers Block Deal Exclusive: PE likely seller, 4.6% equity changes hands

Kalyan Jewellers saw 4.6% of its total equity worth ₹1,594 crore change hands in a multiple block deals. A private equity firm is the likely seller in the transaction, sources with knowledge of the matter told CNBC-TV18.

4.77 crore shares of the company exchanged hands in the transaction. While official buyers and sellers in the transaction are not known, sources said that a mix of foreign and domestic investors are buyers in the deal.

CNBC-TV18 had highlighted Kalyan Jewellers as part of its Dealing Room Chatter on February 1, saying that a large block is expected to take place in the stock and a leading Private Equity firm is likely to be the seller in the transaction.