Shares of Lenskart Solutions will be in focus heading into trade on Thursday, after Abu Dhabi Investment Authority (ADIA) is set to trim its holding in the eyewear retailer through a block deal worth up to Rs 1,944 crore, coming shortly after SoftBank monetised part of its stake in the company.According to deal terms reviewed by The Economic Times, Platinum Jasmine A 2018 Trust, ADIA's investment vehicle, plans to sell up to 4 crore shares, equivalent to around 2.3% of Lenskart's outstanding equity, via a secondary share sale.The floor price for the transaction has been set at Rs 486 per share, a discount of about 2.8% to Lenskart's Wednesday closing price of Rs 500.15 on the BSE. At this price, the stake sale would be valued at approximately Rs 1,944 crore or $204 million.The deal book opened on June 10 and is scheduled to close on the morning of June 11, with settlement expected on June 12. As part of the transaction terms, the seller has committed to a 90-day lock-up period on its remaining shareholding. IIFL Capital Services is acting as the sole placement agent.The proposed sale follows another large transaction in Lenskart shares last week. SoftBank affiliate SVF II Lightbulb (Cayman) sold 5.65 crore shares at Rs 508.55 apiece, raising nearly Rs 2,873 crore. The block deal saw participation from several prominent investors, including Goldman Sachs, Fidelity, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Mirae Asset Mutual Fund, Quant Mutual Fund and HDFC Life Insurance.Even as early investors continue to pare their holdings, brokerages remain positive on Lenskart's growth outlook.Lenskart Q4 snapshotThe company reported a nearly 46% YoY surge in revenue from operations to Rs 2,516 crore for the January-March quarter of FY26, up from Rs 1,727 crore in the year-ago period, prompting bullish brokerage calls and target price hikes.While the company reported a strong surge in revenue, its net profit declined 9% YoY to Rs 200 crore during the quarter under review, from Rs 219 crore in the corresponding quarter of the previous financial year.For the entire financial year, which ended on March 31, 2026, Lenskart reported a 32% YoY rise in revenue to Rs 9,002 crore. EBITDA climbed 55.3% YoY to Rs 1,789 crore, while adjusted PAT surged 148% YoY to Rs 530 crore.Sensex, Nifty today: Catch all the LIVE stock market action here(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)