Temasek trims Lenskart stake with ₹1,940 crore block deal, joins ADIA and SoftBank in sell-down
Temasek sold a 2% stake in eyewear retailer Lenskart for ~₹1,940 crore, cutting its holding to 4.75% from 6.8%, joining ADIA and SoftBank in post-lock-in exits. Lenskart's Q4 revenue rose 46% to ₹2,516 crore while net profit slipped 9% to ₹200 crore.
Temasek sold a 2% stake in eyewear retailer Lenskart for ~₹1,940 crore, cutting its holding to 4.75%, joining ADIA and SoftBank in post-lock-in sell-downs. Lenskart's Q4 revenue rose 46% while net profit fell 9%.
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