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Samayat Services LLP, one of the promoter entities of supermarket chain Vishal Mega Mart, on Friday divested nearly a 14 per cent stake in the company for Rs 7,635 crore through open market transactions. Samayat Services LLP is a special-purpose vehicle owned by private equity firm Kedaara Capital and Switzerland-based Partners Group. According to the bulk deal data on the National Stock Exchange (NSE), Samayat Services LLP sold a total of 65.25 crore equity shares in two tranches, representing a 13.96 per cent stake, in Gurugram-based Vishal Mega Mart. The shares were offloaded in the price range of Rs 117-117.03 apiece, taking the combined transaction value to Rs 7,635.55 crore. Following the stake sale, Samayat Services LLP's holding in Vishal Mega Mart (VMM) declined to 40.13 per cent, from 54.09 per cent. Meanwhile, HDFC Mutual Fund (MF), the Singapore government and the Monetary Authority of Singapore have collectively bought shares of the supermarket chain. The Singapore .
A 25-year-old shopper was found dead inside a lift in Vishal Mega Mart after a fire broke out there, police said on Saturday. Kumar Dhirender Pratap likely died of suffocation, they said. A search party composed of police, the fire department, and the disaster response unit found his body. At 6.51 pm on Friday, Dhirender began a streak of messages to his elder brother from inside the lift. "Bhaiya (brother)" followed by, "Hum lift mein hoon. Gas (sic) gaye hain. Karol Bagh Mega Mart." His final message, also sent at 6.51 pm, read, "Ab saans phool raha. Kuchh karo" (I am short of breath now. Do something). There were no further messages from him. The fire was reported at 6.44 pm from the second floor of the four-storey building on Padam Singh Road. "This is a Vishal Mega Mart outlet where grocery and fabric items are sold. The fire was confined mainly to the second floor," a Delhi Police statement said. Thirteen fire tenders were pressed into service to control the blaze. The ca