{
  "id": 8864435,
  "title": "Lenskart shares drop 3% after 3 crore shares change hands in block deal; Platinum Jasmine likely seller",
  "url": "https://urgent.news/2026/09/21/lenskart-shares-drop-3-after-3-crore-shares-change-hands-in-block",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T04:31:32.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/lenskart-shares-drop-3-after-3-crore-shares-change-hands-in-block-deal-platinum-jasmine-likely-seller/articleshow/134379757.cms"
  },
  "original_language": "en",
  "account": "Lenskart shares experienced a drop of over 3% on Monday after a significant block deal involving the potential sale of 3 crore shares. The decline came as the shares closed at Rs 683 apiece on the NSE, marking the end of a two-day upward trend. Prior to this, the eyewear retailer had seen a remarkable increase of more than 58% in 2026. The block deal, valued at over Rs 2,047 crore, saw an estimated 2% stake in the company change hands. While the exact identities of the buyers and sellers remain undisclosed, reports suggest Platinum Jasmine was poised to divest up to 3 crore shares, which could represent around 1.7% of the company's equity. This transaction occurred at a price of Rs 682.45 per share, a 3% discount to the previous closing price. Platinum Jasmine had held a substantial 10% stake in Lenskart at the end of the April-June quarter of FY27.",
  "summary": "Lenskart Solutions shares fell over 3% to Rs 683 after a massive block deal worth Rs 2,047 crore saw 3.53 crore shares change hands. Platinum Jasmine is likely the seller offloading a 1.7% stake. Despite today's drop, the stock remains up over 58% in 2026.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times",
        "title": "Lenskart down 3% as Platinum Jasmine drops lens",
        "url": "https://urgent.news/2026/09/21/lenskart-down-3-as-platinum-jasmine-drops-lens",
        "published": "2026-09-21T04:31:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}