India Block Trade on BSE & NSE

An Indian block trade moves a large line of BSE- or NSE-listed stock in a single negotiated transaction — off the continuous order book, at an agreed price — so a holder can exit, or an acquirer build, without walking the screen. Block deals clear through the exchanges’ dedicated block-deal windows, and Black Haven can take the line onto its own book, giving the seller a clean, priced exit while the disclosure that follows a substantial transfer is managed around the print.

India runs block trades through two exchange windows — a morning session and an afternoon session — with a minimum order value of Rs 25 crore and orders confined to a narrow band around a reference price. In practice blocks are worked in the more liquid names, broadly the larger index constituents and actively traded, derivatives-eligible stocks, and every block must result in actual delivery; reversal is not permitted. Separately, a trade of 0.5% or more of a company’s shares is a bulk deal disclosable to the exchange the same day, and crossing SAST thresholds engages the 5% notification and, above 25% of voting rights, the open-offer machinery. Settlement is T+1 through NSDL or CDSL.

India block trades at a glance:

Regulatory references are published for general orientation and are not legal advice.