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SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 crore
SoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu Dhabi Investment Authority's Platinum Jasmine Trust remains Lenskart's largest public shareholder. Many institutional investors, both domestic and foreign, participated in the block deal. Lenskart Solutions shares closed slightly lower on the BSE after the transaction.
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newsbytesapp.com
SoftBank to sell 2.6% stake in Lenskart for $300M: Report
Softbank Vision Fund II Lightbulb plans to sell a 2.6% stake in Lenskart for $300 million, with shares priced at ₹635 each, reflecting a 4% discount.
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m.economictimes.com
Lenskart Solutions shares in focus after $300 million block deal; Softbank Vision Fund likely seller
Lenskart Solutions shares will be in focus Monday after SoftBank Vision Fund II Lightbulb Cayman reportedly launched a block deal to sell up to a 2.6% stake for around $300…
