Nexus Ventures Exits Rs 208 Cr in Delhivery; Vedanta Promoter Offloads Rs 1,896 Cr
Nexus Ventures sold Delhivery shares worth Rs 208 crore via block deal, while Vedanta's promoter group divested Rs 1,896 crore. The exits touch retail-adjacent plays: Delhivery anchors e-commerce logistics, Vedanta feeds commodity inputs into consumer supply chains.
What happened
Nexus Ventures offloaded Delhivery shares worth approximately Rs 208 crore in a block deal, while Vedanta's promoter group sold shares worth Rs 1,896 crore,
Key facts
- Rs 1,896 crore
- Rs 208 crore
Why this matters
Nexus's Delhivery trim opens room for strategic stake accumulation in last-mile logistics, while Vedanta promoter selling may foreshadow restructuring—both create optionality for retail supply-chain consolidation plays.
Also reported by
- Moneycontrol · Results — Same time
- Moneycontrol · News Web — 12h after first sighting