Whirlpool India Shares Tumble 12% on Promoter Sale Buzz

New Delhi, November 27, 2025: The shares of Whirlpool of India Ltd tumbled significantly (around 12-13%) on the news of a promoter stake sale via a block deal.

Here are the key details surrounding the event:

• Seller: The promoter entity, Whirlpool Mauritius Limited (a subsidiary of the US-based Whirlpool Corporation).
• Stake Sale: The promoter likely sold up to a 7.5% stake (approximately 95 lakh shares) in the company. Some reports suggest a larger block deal executed, potentially up to 11.8% equity.
• Floor Price and Discount: The floor price for the transaction was reportedly fixed at ₹1,030 per share, which represented a discount of about 14% to the previous day’s closing market price. This steep discount likely contributed to the sharp fall in the open market.
• Deal Size: The transaction size was estimated to be around ₹965 crore.
• Parent Company’s Strategy: The sale aligns with the US parent company, Whirlpool Corporation’s, previously announced plan to reduce its ownership in the Indian arm from 51% to approximately 20% by mid- to late-2025. The proceeds are intended to reduce the parent company’s debt.
• Other Factors: The stock was already under pressure due to lacklustre financial performance, including a 21.9% decline in consolidated net profit reported for the September-ended quarter (Q2 FY26).

This large-scale share offloading by the promoter often creates selling pressure and weighs on short-term market sentiment, leading to the sharp fall in the stock price.

Would you like to search for the finalized details of the Whirlpool of India block deal or any other recent corporate announcements?