News › Markets  ·  28 Aug 2026, 9:37 AM IST  ·  4 days ago

Lenskart shares fall 3% after Rs 1,313 crore block deal; Alpha Wave Ventures likely sold 1.2% stake

Bias: Neutral 0

In one line — Lenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a block deal. The transaction comes days after SoftBank sold a 2.6% stake worth about

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Source: Economic Times · AI-summarised by Anadi · Updated 28 Aug 2026, 10:14 AM IST

What Happened

Lenskart Solutions shares fell 3% after Alpha Wave Ventures sold up to 2.1 crore shares, or a 1.2% stake, worth Rs 1,313 crore through a block deal. The transaction comes days after SoftBank sold a 2.6% stake worth about Rs 2,888 crore in the eyewear retailer. Spark Institutional Equities and Kotak Securities are handling the Alpha Wave transaction.