Lenskart Solutions grants 2,38,500 ESOPs at INR 381 per share
Lenskart Solutions Limited granted 2,38,500 Employee Stock Options to eligible employees under the Lenskart Employee Stock Option Plan, 2021, at an exercise price of INR 381 per share. The grant was approved by the Nomination and Remuneration Committee on July 1, 2026. Each option converts into one equity share of INR 2 face value, and the scheme complies with SEBI (SBEB) Regulations, 2021.
*this image is generated using AI for illustrative purposes only.
Lenskart Solutions Limited has granted 2,38,500 Employee Stock Options to eligible employees under its Lenskart Employee Stock Option Plan, 2021. The options carry an exercise price of INR 381 per share, determined based on the average closing price for the 30 days prior to the grant date. Each option is convertible into one equity share of the company with a face value of INR 2.
The Nomination and Remuneration Committee approved the grant at its meeting held on July 1, 2026. The scheme is compliant with the SEBI (SBEB) Regulations, 2021. The options were granted to employees of the company and its group, subsidiary, or associate companies located in India or outside India.
The exercise price is calculated as the average closing price for the 30 days prior to the grant on the stock exchange with the highest trading volume during that period, subject to a maximum discount of 25% on such price. The options can be exercised, either wholly or partly, during the exercise window while the employee is in employment with the company.
The total number of shares that will arise, assuming all granted options are vested and exercised, is 2,38,500 equity shares. The company stated that the options are not yet vested, and details regarding the exercise period are contingent upon the vesting schedule defined in the Plan.
Details of the Grant
| Particulars | Details |
|---|---|
| Options Granted | 2,38,500 Employee Stock Options |
| Exercise Price | INR 381 per share |
| Face Value | INR 2 per share |
| Regulatory Compliance | SEBI (SBEB) Regulations, 2021 |
| Vesting Status | Not Applicable (pertaining to grant) |
| Total Shares on Exercise | 2,38,500 Equity shares |
Historical Stock Returns for Lenskart Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | +0.53% | +7.94% | +20.60% | +33.71% | +33.71% |
What is the expected vesting schedule for these options, and how might it influence employee retention over the coming years?
How will the issuance of these 2,38,500 additional shares impact Lenskart's existing shareholders' equity and earnings per share upon exercise?
Does this grant signal a potential acceleration towards an initial public offering (IPO) or a major funding round in the near future?
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