SoftBank trims Lenskart stake by 3.25% in Rs 2,873 Cr block deal
SoftBank offloaded 5.65 crore Lenskart shares at Rs 508.55 apiece, cutting its holding to 9.88% from 13.13%. WhiteOak, Mirae, Kotak, Goldman Sachs and Fidelity stepped in as buyers, even as Lenskart's PAT slipped 7.5% YoY to Rs 203.6 Cr on revenue of Rs 2,516 Cr (+45.6%).
SoftBank sold a 3.25% stake in Lenskart for Rs 2,873 crore via open market block deal at Rs 508.55/share, cutting its holding to 9.88%. Buyers included WhiteOak, Mirae, Kotak, Goldman Sachs and Fidelity.
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