Alpha Wave Ventures LP, a global private equity fund managed by Alpha Wave Ventures GP, has sold shares worth Rs 1,705 crore in multinational eyewear company Lenskart Solutions through open-market transactions.
Lenskart Solutions shares appeared to react negatively to the large transaction, falling 4.33 percent to close at Rs 648.30, their lowest closing level since August 28, amid heavy trading volumes.
Alpha Wave Ventures LP sold 2.64 crore equity shares, representing 1.51 percent of Lenskart Solutions' paid-up equity, for Rs 1,704.8 crore. The shares were sold at an average price of Rs 645.31 apiece.
The stake sale was part of the 2.88 percent holding, equivalent to 5 crore equity shares, held by Alpha Wave Ventures as of September 2026.
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