Shares of Meesho Ltd ended at ₹211.70, up by ₹6.40, or 3.12%, on the BSE.
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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 current market price (CMP).
Shares of Meesho Ltd ended at ₹211.70, up by ₹6.40, or 3.12%, on the BSE.
