A block deal has been launched in Zinka Logistics, with promoter Quickroutes International looking to offload a 9 percent stake.
The floor price for the block has been set at Rs 405 per share, which is at a 7.5 percent discount to the last traded price. The block deal aims to raise approximately Rs 647 crore.
The transaction is expected to attract institutional interest, with the discounted price providing an entry opportunity for long-term investors.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
