Vishal Mega Mart set to join FTSE Global Mid Cap Index on June 20

Vishal Mega Mart is set to join the FTSE Global Mid Cap Index on June 20, potentially attracting $115 million in inflows, according to Nuvama Alternative estimates. Following a 20% stake sale by promoters, the company is also eyeing inclusion in the MSCI Index in August, which could bring in an additional $225 million.