Urban Company Stock Dips 3% After Lock-in Expiry, ₹385 Cr Block Deal

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Urban Company Shares Plunge 3% as Lock-in Ends, ₹385 Cr Block Deal Rocks Stock

Urban Company Shares Plunge 3% as Lock-in Ends, ₹385 Cr Block Deal Rocks Stock

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CNBC TV18•17-03-2026, 10:55

Urban Company Shares Plunge 3% as Lock-in Ends, ₹385 Cr Block Deal Rocks Stock

•Urban Company shares initially fell 3% after a shareholder lock-in period ended.
•A significant block deal worth ₹385.17 crore involving 3.5 crore shares also contributed to the decline.
•94.09 crore shares, representing 66% of the company's outstanding equity, became eligible for trade.
•Promoters' stake slightly decreased from 20.43% in September to 20.29% in December.
•The stock is currently trading flat at ₹113.47, attempting to recover, but has declined 14% in 2026.

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