The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Alpha Wave Ventures II, LP

LENSKART · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.1%1-day move

₹488.30

prior close

₹488.60

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.4+0.9+0.2+0.4-2.1-2.7-3.7-1.9+0.9+2.0+5.7+1.2+9.9—

Up moveDown movePending

AI summary

Alpha Wave Ventures II, LP, a non-promoter investor, sold 43 million shares (2.46%) of Lenskart Solutions on the open market between May 2026. The 2% threshold was crossed on May 8, 2026, triggering this disclosure. After the sale, Alpha Wave Ventures II's stake dropped from 3.70% to 1.24%. Including its Person Acting in Concert (PAC) Alpha Wave Ventures, LP, the combined holding fell from 7.13% to 4.67%. The filing also references release of encumbrance, though the detailed table shows zero encumbered shares before and after the transaction.

Likely market impact

Significant selling by a major non-promoter shareholder reduces the stock's support base. The combined 2.46% stake disposal on the open market could signal reduced confidence by this investor or portfolio rebalancing, potentially creating short-term selling pressure.