ADIA arm to sell 2.3% stake in Lenskart

ADIA arm to sell 2.3% stake in Lenskart


ADIA arm to sell 2.3% stake in Lenskart

MUMBAI: Platinum Jasmine A 2018 Trust, an investment arm of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is selling up to 4 crore shares of Lenskart Solutions, translating to about 2.3% of the company, at a floor price of Rs 486 per share. At the offer price, the ADIA group arm is set to get about Rs 1,944 crore (about $204 million) from this stake sale. IIFL Capital Services is the broker for this block deal that is expected to be closed on Thursday.



Source link

Related Posts

Gold, silver price prediction: Will gold, silver rates continue to move down? Check outlook on June 11, 2026

The 152,000 zone is shaping up as a strong resistance area. (AI image) Gold and silver price prediction…

ByBySaartaj Jun 11, 2026

Trump asked if he is concerned about the latest inflation numbers. His answer: ‘I love it’

US President Donald Trump on Wednesday struck an unexpectedly upbeat note on inflation, saying that he “loves” it.…

ByBySaartaj Jun 11, 2026

Crude on boil: Oil prices jump over 2% as Iran closes Strait of Hormuz to all vessels

Global crude benchmarks jumped over 2% on Thursday as tensions in the Middle East escalated once again, with…

ByBySaartaj Jun 11, 2026

At 4.2%, US inflation logs biggest gain in 3 years

US inflation rises to highest level in nearly 3 years The consumer price index increased 4.2% in the…

ByBySaartaj Jun 11, 2026

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top