SoftBank to sell up to 2.6% stake in Lenskart for ₹2,871 cr: Report

SoftBank Vision Fund II Lightbulb Cayman plans to sell up to a 2.6% stake in Lenskart through a block deal worth around ₹2,871 crore. The transaction’s floor price is ₹635 per share, representing a 4% discount to Lenskart’s ₹661.4 closing price. Promoters held 18% of Lenskart as of the quarter ended June, while public shareholders owned the remaining 82%.