Economy
SoftBank Divests 2.6% Stake in Lenskart for ₹2,888 Crore
Moneycontrol1h
THE BRIEF
1
SoftBank has sold a 2.6% stake in Lenskart through a bulk deal, offloading 45 million shares for a total of ₹2,888 crore.
2
The transaction involved major institutional buyers including Societe Generale, Goldman Sachs, and Motilal Oswal.
3
Lenskart shares have shown positive momentum, recently crossing the ₹600 mark for the first time in August 2026.