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.
End of Article
Follow Us On Social Media