Abu Dhabi Investment Authority (ADIA) is looking to pare its stake in eyewear retailer Lenskart through a block deal worth up to Rs 1,944 crore, just days after SoftBank sold shares worth nearly Rs 2,873 crore in the company.
According to the deal terms accessed by ET, Platinum Jasmine A 2018 Trust, an investment vehicle of ADIA, is offering up to 4 crore shares, representing around 2.3% of Lenskart's outstanding equity, through a secondary market transaction.
