Privi Speciality Chemicals Shares Plunge 13% Amid ₹1,086 Cr Block Deal

• Privi Speciality Chemicals shares dropped 13% after a large transaction involving equity worth ₹1,086 crore.
• Approximately 3.88 million shares, representing 9.93% of the company's equity, changed hands at an average price of ₹2,799 per share.
• CNBC-TV18 had previously reported a potential block deal where a promoter entity might sell up to a 6.3% stake for around ₹700 crore.
• The indicative price for the block deal was at an 11.1% discount to Tuesday's closing price.
• Despite today's fall, the stock is up 65% in 2025, marking its best calendar year performance since 2021.

Why It Matters: A significant block deal caused Privi Speciality Chemicals shares to fall sharply, despite strong YTD gains.