Eureka Forbes block deal: Company's shares jump over 6% as 9.3% equity changes hands
Eureka Forbes block deal: The promoter entity Lunolux, as per reports, was planning to divest its 12 per cent stake in the company via a block deal at a nearly 3 per cent discount to the current market price.
For the Rs 1,150 crore block deal, the floor price was pegged at Rs 494.75 apiece as against the stock's previous day's closing price of Rs 510.