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SoftBank likely sells 1.5% Meesho stake via block deal at ₹205

Sources say SoftBank is likely to sell 7 crore Meesho shares (1.5% stake) in a block deal valued at ₹1,435 crore. The floor price is fixed at ₹205 per share.

MEESHO

Japanese multinational investment holding firm SoftBank is likely to sell 7 crore shares of e-commerce marketplace Meesho Ltd, or a 1.5% stake, through a block deal, sources said.The transaction is valued at ₹1,435 crore, with the floor price fixed at ₹205 per share, up to a 3.12% discount to the c…