Delta Corp shares were trading in the green on 5 October on reports of a 17.7 lakh shares bulk deal.

Around 17.7 lakh shares, representing 0.7% of the total equity, changed hands via bulk deal for an average price of Rs 137.9 per share; the total value of the said equity is Rs 24.3 crore.

The buyers and sellers involved in this deal are yet to be identified.

Over the past month, the company has encountered a series of negative developments that led to its investors offloading its shares.

The company also received a tax notice on 22 September amounting to Rs 16,822 crore. The casino operator has expressed its intent to contest the tax notice and clarified that it is regarding its two subsidiary companies, Delta Pleasure Cruise Company Pvt Ltd and Highstreet Cruises and Entertainment Pvt Ltd.

The shares of the company have taken multiple hits since the centre has revised its GST rate for platform fees on online gaming platforms from 18% to 28%.

The company’s shares also slumped by 4% on 3 October, after the 28% GST rate on online gaming became effective from 1 October.

The company operates in the gaming, hospitality, and online skill gaming segments.

At 3:30 pm, the shares of Delta Corp closed at Rs 136 or 0.15% above its previous close on NSE.