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SoftBank sells 2.58% Lenskart stake for ₹2,888 crore, cuts holding to 7.28%
SoftBank sold a 2.58% stake in Gurugram-based eyewear retailer Lenskart for ₹2,887.87 crore via BSE block deals, reducing its holding to 7.28%. Domestic mutual funds, pension investors and global institutions bought shares, with Societe Generale taking a 0.62% stake.
Newer report , , Outlook Business : ADIA sells 2.01% Lenskart stake for ₹2,390 crore
Reported figures
From the report. Source details below
| SoftBank sold 4.5 crore Lenskart shares in | 22 tranches |
|---|---|
| Average sale price: | ₹641.75 per share |
| SoftBank holding reduced to 7.28% from | 9.86% |
| SoftBank sold 3.25% for | ₹2,873 crore in June |
| ADIA affiliate holds | 9.77% |
| Societe Generale acquired 1,07,35,000 shares (0.62%) for | ₹688.91 crore |
| Lenskart shares closed 0.28% lower at | ₹659.70 |