GENERAL18 Sept 2026
Lenskart Solutions block deal: ADIA-backed investor likely to offload 1.7% stake: Report | Stock Market News
An ADIA-backed investor, Platinum Jasmine A 2018 Trust, plans to sell its 1.7% stake in Lenskart Solutions for ₹2,047.4 crore in a block deal. Shares are priced at ₹682.45 each, a 3.5% discount to Friday's closing price of ₹707.20. Morgan Stanley is the broker, with a 90-day lock-in on further sales. Small investors can treat this as one large holder selling its stake, nothing more.
Key Statutory Highlights
- Platinum Jasmine A 2018 Trust, backed by ADIA, plans to sell its 1.7% stake in Lenskart Solutions in a block deal worth ₹2,047.4 crore.
- The block deal is priced at ₹682.45 per share, a 3.5% discount to Lenskart Solutions' Friday closing price of ₹707.20.
- Morgan Stanley is acting as the broker for the transaction, and the seller faces a 90-day lock-in on any further sale of shares.
Actionable Advice for Taxpayers / Founders:If you hold Lenskart Solutions shares, compare the block deal price with your own purchase cost and take advice from your CA or broker before acting, instead of reacting to a single news report.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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