Small-cap stock BlueStone Jewellery share price falls 6.5% as investors offload stake worth Rs.300 crore via block deal
New Delhi, June 9 -- Bluestone Jewellery block deal: Shares of Bluestone Jewellery and Lifestyle declined 6.5% to Rs.512.80 on Tuesday, June 9, after a block deal worth around Rs.300 crore was launched through the sale of up to 58 lakh shares.
According to the term sheet of the block deal, the selling shareholders include 360 One, Accel India III (Mauritius) Limited, IvyCap Ventures Trust and Iron Pillar India Fund I. The floor price for the transaction was fixed at Rs.520 per share, implying a discount of around 5.4% to Bluestone's closing price of Rs.549.50 on the NSE on June 8, 2026.
The base transaction comprises up to 58 lakh shares, accounting for nearly 3.8% of the company's outstanding equity capital. The deal also carries an up...
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