Stories
ADIA Sells Over 2% Stake in Lenskart Solutions; Other Major Bulk Deals Unfold
M
Moneycontrol•21-09-2026, 22:15
ADIA Sells Over 2% Stake in Lenskart Solutions; Other Major Bulk Deals Unfold
- •Abu Dhabi Investment Authority (ADIA) offloaded a 2.01% equity stake in Lenskart Solutions for Rs 2,390.57 crore via its Platinum Jasmine A 2018 Trust.
- •Lenskart's stock price fell 3.3% to Rs 683.85 following the stake sale, after hitting a record high of Rs 725.
- •360 ONE Pipe Fund acquired 0.79% equity in Anupam Rasayan India for Rs 104.85 crore, while Ashapura Commodities sold 1.3% stake, leading to a 3.88% drop in Anupam Rasayan shares.
- •Prudent Equity sold a 0.61% stake in CP Capital for Rs 1.66 crore, yet CP Capital's stock surged 8.07%.
- •US-based Croll Reynolds International Inc. sold a 0.56% stake in Mazda for Rs 2.89 crore, causing Mazda shares to plunge 4.64%.
Key Questions Answered
The Abu Dhabi Investment Authority (ADIA), through Platinum Jasmine A 2018 Trust, offloaded 3.5 crore equity shares, which represent a 2.01 percent paid-up equity stake in Lenskart Solutions, amounting to Rs 2,390.57 crore.
The shares were sold at a price of Rs 683.02 per share through open market transactions on September 21.
Following the stake sale impact, Lenskart's stock price fell 3.3 percent to end at Rs 683.85 after previously hitting a record high of Rs 725 on the National Stock Exchange.
