Vedanta Share Price Falls Over 7% After Block Deal Sees 7.3 Crore Shares Change Hands

Written by: Rakesh DeshmukhUpdated on: 23 Jun 2026, 4:59 pm IST
Vedanta share price declined over 7% on June 23 after 7.3 crore shares were traded through block deals.
Vedanta Share
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Vedanta share price came under pressure during trading on Tuesday after a large block deal involving approximately 7.3 crore shares was executed on the exchanges. 

As of 10:56 AM on June 23, 2026, Vedanta share price was trading at ₹282.45, down ₹23.40 or 7.65%. The stock opened at ₹294.50, touched an intraday high of ₹294.50 and a low of ₹279.00.  

Vedanta Block Deal  

According to exchange data, around 7.3 crore Vedanta shares changed hands through block deals at a price of ₹292 per share. The transaction value is estimated at approximately ₹2,149 crore. 

The deal follows reports that promoter entity Twin Star Holdings was likely to sell up to 6.5 crore shares through block trades with a floor price of ₹291 per share. The reported floor price represented a discount of about 4.9% to Vedanta's previous closing price of ₹305.85. 

Promoter Holding in Vedanta 

As of March 31, 2026, Twin Star Holdings held a 40.02% stake in Vedanta. The overall promoter group ownership in the company stood at 56.38%. 

While the identities of the buyers and sellers were not immediately disclosed, the block deal attracted market attention due to its size and the possibility of promoter's stake dilution. 

Block Deal Follows Recent Demerger Exercise 

The transaction comes less than 2 weeks after Vedanta completed its demerger exercise, resulting in the listing of its aluminium, oil and gas, power, and iron and steel businesses as separate entities. 

Vedanta share price continues to trade above its ex-demerger closing price of ₹271.55 recorded on April 30, 2026, when the stock began trading without the value of the demerged businesses. 

Before the demerger adjustment, Vedanta had closed at ₹773.60 on April 29, 2026. 

Conclusion 

Vedanta share price declined more than 7% on June 23 after a block deal involving approximately 7.3 crore shares worth about ₹2,149 crore. The transaction comes shortly after the completion of the company's demerger exercise, with market participants tracking changes in shareholding and the valuation of the group's listed entities. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.   

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 23, 2026, 11:29 AM IST

Rakesh Deshmukh

Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.

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