BusinessPhoto: Business StandardSoftBank Sells 1.56% Stake in Lenskart for ₹1,896 Crore
SoftBank sold a 1.56% stake in eyewear retailer Lenskart Solutions for ₹1,896 crore through open market transactions. The Japanese investor offloaded 2.72 crore shares at an average price of ₹697.15 each, reducing its stake from 7.27% to 5.71%. Goldman Sachs was the largest buyer, acquiring 91.84 lakh shares worth over ₹640 crore. Other buyers included Kotak Mahindra Mutual Fund, UTI Mutual Fund, and several foreign institutional investors.
Business Standard··Gurugram




