Trust Sells 2.3% Stake in Lenskart Solutions Ltd Through On-Market Transaction
Platinum Jasmine A 2018 Trust, acting through its trustee Platinum Owl C 2018 RSC Limited, has completed the sale of a substantial stake in Lenskart Solutions Ltd. The transaction occurred via an on-market sale on June 11, 2026.The Seller divested 4,00,00,000 equity shares of Lenskart Solutions Limited, representing 2.30% of the total diluted share capital of the company. This sale represented a significant reduction in the trust's holding in the target company.
Prior to the disposal, the Seller held a substantial stake in Lenskart Solutions Ltd. Following the completed transaction, the entity's equity holding has been adjusted accordingly.
Details regarding the acquisition and subsequent shareholding status of Platinum Jasmine A 2018 Trust are summarized below:
| Metric | Before Sale Holding | Transaction Details | After Sale Holding |
|---|---|---|---|
| Shares Sold (Voting Rights) | N/A | 4,00,00,000 shares | N/A |
| Percentage of Stake | 12.08% | 2.30% | 9.78% / 9.70% |
| Total Shares Held (Voting Rights) | 20,98,15,438 | N/A | 16,98,15,438 |
The transaction was executed as an on-market sale and the equity shares have a face value of INR 2/- each. The company's total diluted share capital after the said acquisition or sale stands at INR 3,50,00,09,436, comprising 1,75,00,04,718 equity shares of face value INR 2 each.
The trust has no other persons acting in concert with it, and the entity is not associated with the Promoter or Promoter Group of Lenskart Solutions Limited.
LENSKART Stock Price Movement
Shares of Lenskart Solutions Limited today slipped by 1.64% to settle at ₹494, as investors priced in a slight dip during post-market trading. The stock concluded the day on a volume of 3.67 million shares, showing moderate movement following earlier trading activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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