SoftBank sells 1.65% Meesho stake for ₹1,885 crore

SoftBank's affiliate SVF II Meerkat sold 7.64 crore Meesho shares at ₹246.75 each on NSE, reducing its stake from 6.84% to 5.19%. Societe Generale was the largest buyer. Morgan Stanley, Fidelity, Goldman Sachs, and sovereign funds from Singapore and Norway also participated. The sale is part of SoftBank's ongoing Indian portfolio divestment.