Whirlpool of India Block Deal | Promoter likely to sell 95 lakh shares for ₹965 crore

Consumer durables maker Whirlpool of India Ltd's promoter is set to sell 95 lakh shares, representing a 7.5% stake in the company, through block deals, CNBC Awaaz reported.

The floor price for the transaction has been fixed at ₹1,030 per share, reflecting a discount of 14% to the market price. The total deal size is estimated at ₹965 crore, according to sources.

Post this sale, the promoter will be subject to a 90-day lock-up period during which no further shares can be sold.

Also Read: Stock Crash: Whirlpool India-parent shares tank 14% after cutting profit outlook for the year

Second Quarter Results

Whirlpool of India Ltd reported a 20.6% year-on-year decline in net profit at ₹41 crore for the quarter ended September 2025, compared with ₹52 crore in the same period last year. Revenue for the quarter fell 3.8% year-on-year to ₹1,647 crore from ₹1,713 crore in the corresponding quarter of the previous year.

EBITDA dropped 33.8% YoY to ₹57.6 crore against ₹87 crore. The company’s EBITDA margin declined to 3.5% from 5% in the same quarter last year.

Shares of Whirlpool of India Ltd ended at ₹1,198, up by ₹2.60, or 0.22%, on the BSE today, November 26.

Also Read: Here's why Whirlpool India shares surged 11% on Friday