Economy, Banking and Finance · 13 June 2026
Abu Dhabi Investment Authority (ADIA) arm to sell 2.3% stake in Lenskart
Exam-focused facts from the 13 June 2026 current affairs briefing.
Key facts
- Platinum Jasmine A 2018 Trust, an investment arm of Abu Dhabi Investment Authority (ADIA), is selling up to 4 crore shares of Lenskart Solutions.
- The stake sale represents approximately 2.3% of the company.
- The shares are being sold at a floor price of ₹486 per share.
- The ADIA group arm is expected to receive approximately ₹1,944 crore (about $204 million) from the sale.
- IIFL Capital Services is the broker for this block deal.