Published on 17/03/2026 09:25 AM
Urban Company shares see ₹385 crore block deal, lock-in ends todayAs many as 94.09 crore shares of the company freed up for trade today as its six-month shareholder lock-in came to an end. The number of share that free up for trade amount to 66% of the company's outstanding equity.By Meghna Sen March 17, 2026, 9:25:09 AM IST (Published)1 Min ReadShares of Urban Company Ltd. opened lower on Tuesday, March 17, after its shareholder lock-in came to an end and a large block deal that took place in the stock.
As many as 94.09 crore shares of the company freed up for trade today as its six-month shareholder lock-in came to an end. The number of share that free up for trade amount to 66% of the company's outstanding equity, according to Nuvama Alternative & Quantitative Research.
It must be noted that the end of the shareholder lock-in does not mean that all the shares will be sold in the open market. They only become eligible to be traded.
Based on the December quarter shareholding pattern, promoters of Urban Company had a 20.29% stake in the company, down from the 20.43% stake in the September quarter.
In addition to the shareholder lock-in ending, a large trade also took place in the stock today.
As many as 3.5 crore shares of Urban Company worth ₹385.17 crore changed hands.
Shares of Urban Company are looking to recover from the lows of the day, currently trading flat at ₹113.47. The stock has declined 14% so far in 2026.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Tagsshare market todayShareholder Lock-InUrban Company