Lenskart Solutions (LENSKART) — Corporate Action

📢 Key Event
Lenskart acquires 1.80% stake in Dimension NXG for INR 79.97 million

🔄 What Changed
Shareholding in NXG increased from 7.21% to 9.01% of fully diluted shares

💡 Investor Takeaway
The acquisition raises Lenskart's strategic exposure to AR/VR technology through its associate NXG.

Lenskart Solutions announced acquiring an additional 1.80% stake in Dimension NXG Private Limited for INR 79.97 million, raising its total holding in the associate entity to 9.01% of fully diluted shares. The purchase follows prior acquisitions on February 26 and July 4, 2026, increasing the aggregate stake from 4.84% to 9.01%. The transaction is classified as a related party transaction involving promoter Peyush Bansal, who also serves as a director in NXG. The acquisition aims to strengthen Lenskart's strategic position in augmented reality and smart wearable technology ecosystems. No regulatory approvals were required, and the deal was completed on September 13, 2026.

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About Lenskart Solutions Ltd (LENSKART)

Fast Moving Consumer Goods · FMCG · Listed on BSE

Market Cap: ₹1,17,780.93 Cr P/E: 176.9 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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