# Lenskart is likely to see action after reports of a large block deal worth around $350 million surfaced in the market.

*fintech · news · 2026-05-07 · Moneycontrol*

## Key points

- Lenskart's investors are exiting via a $350 million block deal at a 3.6% discount.
- Western Ministil is acquiring 100% of Micron Calcite Private Limited, making it a wholly owned subsidiary.
- Cochin Shipyard's subsidiary won an order from Adani Group's Ocean Sparkle to build four ASD tugs.
- South Indian Bank received RBI approval for Kotak Mahindra Bank to acquire up to 9.99% stake.
- Himatsingka Seide's tax dispute saw a High Court acceptance of a delay plea by the tax department.

**Companies:** State Bank of India, Hyundai Motor India, Tata Consumer Products, Titan Company, Swiggy, Bank of Baroda, ABB India, Multi Commodity Exchange of India, JSW Infrastructure, Kalyan Jewellers India, Oberoi Realty, CreditAccess Grameen, Balkrishna Industries, Niva Bupa Health Insurance Company, Ujjivan Small Finance Bank, Thermax, MRF, BSE Limited, Dabur India, Sonata Software, Thyrocare Technologies, Gravita India, Lenskart, Western Ministil Limited, Cochin Shipyard Limited, Ocean Sparkle Limited, South Indian Bank Limited, Kotak Mahindra Bank Limited, Himatsingka Seide Limited, Savita Oil Technologies Limited
**Countries:** India

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/stocks-in-news-lenskart-dabur-india-swiggy-mrf-south-indian-bank-cochin-shipyard-among-others-on-may-8-13912073.html)

---

Canonical: https://newsio.io/n/012a67b9-f155-4d3b-845c-53da2d71e87c/lenskart-is-likely-to-see-action-after-reports-of-a-large-block-deal-worth-aroun
Summarized by Newsio from Moneycontrol. https://newsio.io/how-it-works