The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SVF II Lightbulb (Cayman) Ltd
LENSKART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SVF II Lightbulb (Cayman) Limited, an institutional investor backed by SoftBank, sold 5,65,00,000 equity shares (about 3.25% of Lenskart's capital) through open market transactions on June 3, 2026. This brought its stake down from 13.11% to 9.86% of the company. The sale triggered the disclosure requirement under SEBI Takeover Regulations because it crossed the 2% movement threshold in a single transaction. SVF II is not part of the promoter group, so this is a portfolio investor trimming its position. The total share capital of Lenskart remained unchanged at about 173.87 crore shares, meaning no new shares were issued — this was a pure secondary market sale by a large existing shareholder.
A sizeable exit by a major foreign institutional investor (SoftBank) may weigh on the stock in the short term due to increased supply, though it does not affect promoter control or company fundamentals. Retail investors should watch for follow-up sales that could push the price lower.