Lenskart Solutions (LENSKART) — Announcement

📢 Key Event
Lenskart incorporates China step-down subsidiary Wenzhou Framekart Trade Co., Ltd

💡 Investor Takeaway
The creation of a China subsidiary formalizes the company's cross-border supply chain operations but introduces exposure to regulatory and operational risks in China.

Lenskart Solutions Limited announced the incorporation of its step-down subsidiary Wenzhou Framekart Trade Co., Ltd in China on August 14, 2026, following regulatory approval and receipt of the Certificate of Incorporation on August 17, 2026. The new entity will handle trading and procurement of spectacle frames and optical products for the company's joint venture partner Baofeng Framekart Technology Limited and its affiliates, with BFT holding 95% equity interest through cash consideration of RMB 1 million. This move establishes a formal China-based structure to support the company's expanding optical supply chain operations.

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About Lenskart Solutions Limited (LENSKART)

Fast Moving Consumer Goods · FMCG · Listed on NSE

Market Cap: ₹1,15,407.58 Cr P/E: 173.3 ROE: 7.7% ROCE: 11.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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