In order to facilitate execution of large trades, a separate trading window is provided. A trade, with a minimum quantity of 5,00,000 shares or minimum value of Rs.5 crore executed through a single transaction on this separate window of the stock exchange will constitute a BLOCK Deal. The Stock Exchanges shall disseminate the information of BLOCK Deal such as the name of the Security, name of the client, quantity of shares brought/sold, traded price, etc to the general public on the same day, after the market hours.
Please refer to latest Exchange notice no. 20170330-1
dated the March 30,2017 for Modalities for Bulk and Block deal reporting.
FAQs on Block Deal