Meaning of block deal
This query is : Resolved
07 May 2018
Please give a Simple explanation as to what is meant by BLOCK DEAL
07 May 2018
A block deal is a transaction of a minimum quantity of 500,000 shares or a minimum value of Rs 5 crore between two parties, wherein they agree to buy or sell shares at an agreed price among themselves.
A bulk deal is a trade where total quantity of shares bought or sold is more than 0.5% of the number of shares of a listed company.
Kindly refer the link below:
https://www.caclubindia.com/articles/understanding-block-deals-and-bulk-deals-in-stock-market-29226.asp
A bulk deal is a trade where total quantity of shares bought or sold is more than 0.5% of the number of shares of a listed company.
Kindly refer the link below:
https://www.caclubindia.com/articles/understanding-block-deals-and-bulk-deals-in-stock-market-29226.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
