BSECompany Update2d ago · 17 Aug 2026, 09:45 pm

Lenskart Solutions Limited has informed the Exchange about the incorporation of step-down subsidiary i.e. Wenzhou Framekart Trade Co., Ltd in People''s Republic of China

Lenskart Solutions Ltd · 544600

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Lenskart Solutions Ltd has informed the Exchange about the incorporation of a step-down subsidiary, Wenzhou Framekart Trade Co., Ltd in People's Republic of China. The entity will undertake the business of trading, import, export and procurement of spectacle frames and allied optical products.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

Lenskart Solutions Ltd - 544600 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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Lenskart Solutions Limited (Earlier known as Lenskart Solutions Private Limited) Corporate Office: Ground Floor, Vipul Tech Square, Golf Course Road, Sector- 43, Gurugram, Haryana 122009 Date: August 17, 2026 National Stock Exchange of India Limited BSE Limited The Listing Department, Department of Corporate Services, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Fort, Mumbai - 400 051 Mumbai - 400 001 Scrip Symbol: LENSKART S c r i p C o d e 5 4 4 6 00 Sub.: Update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of Step-down subsidiary Company “Wenzhou Framekart Trade Co., Ltd” Dear Sir/ Ma’am, In furtherance of our intimation dated August 12, 2026 regarding the proposed incorporation of a step- down subsidiary by Baofeng Framekart Technology Limited, People’s Republic of China (“BFT”) which is a joint venture of Lenskart Solutions Limited (“the Company”), and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the step down subsidiary of the Company has been incorporated under the name “Wenzhou Framekart Trade Co., Ltd” on August 14, 2026. The Company has received the Certificate of Incorporation in respect thereof on August 17, 2026. The entity will undertake the business of trading, import, export and procurement of spectacle frames and allied optical products, as well as related materials, equipment and technology, as may be required for the business of BFT and its subsidiaries from time to time. The necessary disclosures pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 (as updated from time to time), are enclosed herewith as Annexure – 1. The aforesaid information will also be made available on the website of the Company at https://www.lenskart.com/corporate/investorrelations. This is for your information and records. Thanking you, Yours Sincerely, For Lenskart Solutions Limited (Formerly known as Lenskart Solutions Private Limited) Ashish Kumar Srivastava Company Secretary and Chief Compliance Officer Membership No.: F5325 Place: Gurugram Regd. Office: Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi 110020 Website: www.lenskart.com, Email: compliance.officer@lenskart.com, Phone No: 0124 – 4293191 CIN — L33100DL2008PLC178355 Lenskart Solutions Limited (Earlier known as Lenskart Solutions Private Limited) Corporate Office: Ground Floor, Vipul Tech Square, Golf Course Road, Sector- 43, Gurugram, Haryana 122009 Annexure - 1 Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 (as updated from time to time): Particulars Details Name of the Entity: Wenzhou Framekart Trade Co., Ltd Name of the entity, date & a Country of Incorporation: People’s Republic of China country of incorporation, etc. Date of Incorporation: August 14, 2026. Wenzhou Framekart Trade Co., Ltd. is incorporated as a subsidiary of Baofeng Framekart Technology Limited (“BFT”), which is a joint venture of Lenskart Solutions Name of holding company of the Limited (“the Company”). Accordingly, Wenzhou b incorporated company and Framekart Trade Co., Ltd. is a step-down subsidiary of the relation with the listed entity Company. Upon incorporation, 95% of the equity interest in Wenzhou Framekart Trade Co., Ltd. is held by BFT. Industry to which the entity being Eyewear and allied optical products, including related parts, incorporated belongs materials, equipment and technology. The step-down subsidiary shall undertake the business of trading, importing, exporting and procuring spectacle Brief background about the frames and allied optical products, as well as related d entity incorporated in terms of materials, equipment and technology, as may be required products / line of business for the business of BFT and its subsidiaries from time to time. Brief details of any governmental or regulatory e Not Applicable approvals required for the incorporation Nature of consideration whether f cash consideration or share Cash consideration. swap and details of the same BFT will subscribe to the equity interest of the entity for an Cost of subscription or the price amount of RMB 1 Million. As the entity is incorporated as a g at which the shares are Chinese limited liability company, ownership is represented subscribed through equity interests rather than a specific number of shares. BFT holds 95% of the equity interest in Wenzhou Framekart Percentage of shareholding/ Trade Co., Ltd. Chinese limited liability companies do not h control by the Company and/or issue shares in the manner applicable to joint stock number of shares allotted companies; accordingly, ownership is represented through equity interests. Regd. Office: Plot No. 151, Okhla Industrial Estate, Phase III, New Delhi 110020 Website: www.lenskart.com, Email: compliance.officer@lenskart.com, Phone No: 0124 – 4293191 CIN — L33100DL2008PLC178355