25 Sep 2025 | 3 Mins Read
Polycab shares decline after major block deal sale
Flipitmoney
Polycab India shares fell over 1% after a large block deal, estimated at nearly Rs 1,695 crore, likely saw 21.9 lakh shares change hands. The trade valued 1.5% of equity, with promoter group members as likely sellers. They will observe a 90-day lock-up after offloading up to 0.8% of stake to raise over Rs 887 crore or $100 million.