ADIA To Sell Rs 1,944 Crore Lenskart Stake Days After Softbank Exit

ADIA Moves to Offload Stake in Lenskart Following SoftBank's Exit

The Abu Dhabi Investment Authority (ADIA) is poised to sell up to 2.3% of its holdings in the eyewear company Lenskart, amounting to around Rs 1,944 crore. This decision comes on the heels of a major divestment by SoftBank. The transaction will occur as a block deal, set at a marginal discount to the prevailing market rate.