Lenskart block deal: Platinum Jasmine may offload 1.7% Rs 2,047 cr stake
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Eyecare solutions provider Lenskart Solutions is likely to see another block deal, with shareholder Platinum Jasmine reportedly looking to divest up to 3 crore shares, or around 1.7% of the company's equity, according to proposed block deal is estimated to be worth Rs 2,047.40 crore. Platinum Jasmine is reportedly likely to sell the shares at Rs 682.45 apiece, which would represent a discount of up to 3.42% to Lenskart Solutions' latest traded price of Rs 706.60 on the BSE. The seller is also reportedly subject to a 90-day lock-up period for any further sale of its of June 30, 2026, Platinum Jasmine held 16,98,15,438 shares, representing a 9.77% stake in Lenskart Solutions, according to the company's exchange Friday's closing price of Rs 706.60 per share, Lenskart Solutions shares ended 3.94% higher compared with the previous close of Rs 679.80. During Friday's session, the stock traded in a range of Rs 677.50 to Rs 725 on the BSE.
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