News > Nykaa shares worth ₹250 crore to be sold off by Citi via block deal

Nykaa shares worth ₹250 crore to be sold off by Citi via block deal

Tech Story | 10/11/2022 02:48 PM | Click to read full article

Citigroup has embarked upon a deal to sell shares worth ₹250 crore of cosmetics-to-fashion retail giant Nykaa via a block deal. According to the news channel CNBC, the block deal constitutes “individual employee seller”, adding that the deal offers a discount of up to two percent on the present market price.

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