ADIA's Platinum Jasmine to offload 2.3% Lenskart stake in Rs 1,944 cr block at Rs 486 floor
Abu Dhabi Investment Authority arm Platinum Jasmine is paring its 12.08% Lenskart holding via a Rs 1,944 crore block trade priced at a Rs 486 floor. Separately, Zomato-Blinkit parent Eternal was hit with a Rs 9.63 crore GST demand from Andhra Pradesh authorities spanning tax, interest and penalty.
What happened
ADIA-owned Platinum Jasmine plans to sell 2.3% in Lenskart at Rs 486 floor for Rs 1,944 crore block. Separately, Eternal (Zomato/Blinkit parent) received a Rs
Key facts
- 2.3% stake
- Rs 486 floor price
- Rs 1,944 crore block
- 12.08% prior holding
- Rs 9.63 crore GST demand
Why this matters
A sovereign anchor paring exposure on Lenskart while Eternal absorbs a Rs 9.63 crore Andhra GST demand underscores how cap-table rotations and state-level tax actions are now parallel diligence items in any India new-age retail deal.