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The Economic Times
The Economic Times
Debaroti Adhikary

Lenskart shares in focus after Viridian completes stake transfer from Copthall Mauritius

Lenskart Viridian Hong Kong SoftBank NSE Goldman Sachs Lenskart Solutions

Lenskart Solutions' shares were in focus on Monday after Hong Kong-based hedge fund Viridian Asia Opportunities Master Fund completed stake transfer of 18.96 lakh shares of the company from JPMorgan Chase's offshore subsidiary Copthall Mauritius Investment in Rs 96 crore block deal.

Viridian bought Lenskart shares at an average price of Rs 508.55 apiece, taking the value of the total stake purchase to more than Rs 96 crore, according to NSE data. The seller of these shares was JPMorgan Chase’s offshore subsidiary Copthall Mauritius Investment Limited. The transaction was executed on Friday at an average price of Rs 508.55 apiece, which is slightly higher than Friday’s closing price of Rs 506.45 apiece on NSE.

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