Oberoi Realty Block Deal: Institutional investor likely to offload 3% stake in $230-million exit

The total transaction size is pegged at $230 million, sources in the know told CNBC-TV18. The floor price for the block deal has been set at ₹1,753.2 per share, which represents a 4% discount to the stock’s closing price on Tuesday (July 22). The deal is structured as a clean-out trade. Shares of Oberoi Realty Ltd ended at ₹1,825.50, down by ₹10, or 0.54%, on the BSE.

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