Meesho share price: Is there any block deal impact on stock? What is the transaction all about? Check here

Meesho shares were in focus on Thursday, September 3, amid reports that SoftBank offloaded a portion of its holding in the Indian e-commerce company through a block deal. Meesho’s share price fell 1.3% to its day’s low of ₹208.85 per share on BSE after a positive opening.

A 1.7% stake in Meesho, valued at ₹1,650.4 crore, changed hands through a block deal on Thursday, with SoftBank likely to have been the seller.