New Delhi, Sept. 3 -- Meesho shares were in focus on Thursday, September 3, amid reports that SoftBank offloaded a portion of its holding in the Indian e-commerce company through a block deal. Meesho's share price fell 1.3% to its day's low of Rs.208.85 per share on BSE after a positive opening.

A 1.7% stake in Meesho, valued at Rs.1,650.4 crore, changed hands through a block deal on Thursday, with SoftBank likely to have been the seller. The transaction involved the sale of 8 crore Meesho shares at Rs.206.3 apiece, representing a 2.5% discount to the stock's previous closing price of Rs.211.6.

Yesterday, reports said that Softbank was looking to sell a 1.5% stake in Meesho through the transaction, valued at around Rs.1,435 crore, or ap...