June 3 (Reuters) - SoftBank has sold a 3.25% stake in Indian eyewear retailer Lenskart Solutions via a block deal, data from the National Stock Exchange showed on Wednesday.
o SoftBank, via its affiliate SVF II Lightbulb (Cayman), offloaded 56.5 million shares at 508.55 Indian rupees each, making the transaction worth 28.73 billion rupees ($300.2 million).
o The share sale was executed at a nearly 3% discount to Lenskart's closing price on Tuesday.
o Buyers included Fidelity, the Los Angeles City Employees' Retirement System and mutual funds by ICICI Prudential and Kotak Mahindra.
o SoftBank held a 13.13% stake in Lenskart as of March-end, exchange data showed.
o For the March quarter, Lenskart reported a near 9% drop in net profit, while its revenue rose 46% to 25.16 billion rupees.
($1 = 95.7050 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Diti Pujara)
