Aug 6 (Reuters) - China's Alibaba Group ( BABA ) is likely to

exit India's Eternal in a block deal valued at 53.75

billion rupees ($613 million), CNBC-Awaaz reported on Wednesday,

citing sources.

Alibaba's ( BABA ) unit Antfin Singapore, which had a 2.08% stake in

Eternal as of June-end, will offload all of it at a floor price

of 285 rupees, the report said.

That implies a 4.6% discount to Eternal's closing price on

Wednesday.

Antfin and Eternal, which houses food delivery business

Zomato and quick commerce arm Blinkit, did not immediately

respond to Reuters' requests for comment.

($1 = 87.6900 Indian rupees)