SoftBank Sells 1.65% Meesho Stake for ₹1,885 Cr in Block Deal

Picture: Entrackr · see the original ↗

SoftBank-backed SVF II Meerkat sold a 1.65% stake in Meesho for around Rs 1,885 crore through a block deal on Friday. It sold 7.64 crore shares at Rs 246.75 each, bought by domestic and foreign institutions including Fidelity and Societe Generale. SoftBank's holding is estimated to fall from 6.84% to around 5.19%, after an earlier 1.73% sale in September 2026.

Source: Entrackr ↗

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