Temasek Offloads Lenskart 3.56 Cr Shares In Multiple Tranches
India, July 14 -- Singapore-based investment firm Temasek Holdings has sold 3.56 Cr shares, or a 2.05% stake, in omnichannel eyewear retailer Lenskart through multiple open-market transactions.
In a regulatory filing, Temasek's wholly owned subsidiary MacRitchie Investments Pte, along with its associated entities Jongsong Investments Pte and V-Sciences Investments Pte, said it sold the shares in multiple tranches in the company.
The latest transaction involved the sale of 72.69 Lakh shares on July 10 (Friday). Based on Lenskart's closing price of Rs.543.30 that day, the tranche was worth about Rs.394.9 Cr.
Based on Friday's closing price, the total value of the shares offloaded stands at about Rs.1,937.3 Cr.
Following the transactions...
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