Goldman Sachs Offloads Eternal Shares Worth ₹169 Crore via Block Deal

16 Oct 2026, 4:07 am · 3h ago · 1 min read · Inc42New

Amount

₹168.7 Cr

Global investment giant Goldman Sachs sold 53.4 lakh shares of foodtech major Eternal in a block deal valued at ₹168.7 crore. Executed through Goldman Sachs Bank Europe SE at ₹316 per share, representing a 2.6% discount to the previous close, the shares were acquired by Bank of America affiliate BofA Securities Europe. This marks the second major institutional block sale in two months for Eternal, supported by robust market momentum after Q1 FY27 consolidated net profit jumped 3.7X to ₹92 crore, powered largely by Blinkit's quick commerce expansion.