Viridian picks up 0.1% in Lenskart for ₹96.4 cr in pre-open block deal
Viridian acquired 18.96 lakh shares of Lenskart at ₹508.55 apiece, taking a 0.1% stake worth ₹96.42 crore. The trade lands alongside Invesco's ₹115 cr exit from Pine Labs and SBI MF's Adani buys, signalling active institutional repositioning across new-age consumer and retail-tech listings.
What happened
Pre-market stock watch: Viridian bought 0.1% in Lenskart for ₹96.4 cr; Invesco sold 0.68% Pine Labs stake worth ₹115 cr; SBI MF acquired stakes in Adani
Key facts
- Lenskart: 18.96 lakh shares, 0.1% stake, ₹96.42 cr at ₹508.55
- Pine Labs: 78.85 lakh shares, 0.68% stake, ₹115.11 cr at ₹145.97
- PNGS Reva: 1.6 lakh shares, 0.5%, ₹6.26 cr
- Adani Enterprises: ₹4,789.6 cr SBI MF buy
Why this matters
Active block-deal repositioning in eyewear and retail-tech listings signals a live window for secondary placements and strategic stake-building in consumer brands with scaled distribution.