SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 crore

Technology investor SoftBank Group has once again trimmed its holding in Lenskart Solutions, selling nearly a 2.6 per cent stake in the eyewear retailer for Rs 2,888 crore through open market transactions on Monday.

In June, SoftBank sold a 3.25 per cent stake in Lenskart for Rs 2,873 crore.

In the latest transaction, Japan-based SoftBank Group, through its affiliate SVF II Lightbulb (Cayman) Ltd, offloaded a total of 4.5 crore equity shares in 22 tranches, amounting to a 2.58 per cent stake in Gurugram-based Lenskart, as per the block deal data on the BSE.

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