Platinum Jasmine A 2018 Trust has reduced its shareholding in Lenskart Solutions by selling 4,00,00,000 equity shares via an on-market transaction on June 11, 2026. The shares sold represent a 2.30% stake in the company, based on the total paid-up equity share capital. This transaction was disclosed to the stock exchanges under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the sale, Platinum Jasmine A 2018 Trust held 20,98,15,438 shares, which accounted for 12.08% of the total voting capital. The disposal was executed by Platinum Owl C 2018 RSC Limited, acting in its capacity as the trustee of the trust. The entity clarified that it does not belong to the promoter or promoter group of Lenskart Solutions Limited.

Shareholding Details

The following table outlines the changes in the shareholding pattern of Platinum Jasmine A 2018 Trust following the transaction:

The equity shares sold have a face value of INR 2 each. The total paid-up equity share capital of Lenskart Solutions Limited before and after the transaction stood at INR 3,47,28,32,014, comprising 1,73,64,16,007 equity shares. The total diluted share capital post-transaction was INR 3,50,00,09,436, comprising 1,75,00,04,718 equity shares.

The disclosure confirms that there are no persons acting in concert with the seller. The percentages provided in the filing have been rounded off to two decimal points. The share capital figures are derived from the company's shareholding pattern dated March 31, 2026, as available on the websites of BSE Limited and National Stock Exchange of India Limited.

Lenskart Solutions Limited has acquired an additional 3% stake in Quantduo Technologies Private Limited, making it a wholly-owned subsidiary. The acquisition was completed on June 9, 2026, for a cash consideration. This move increases the aggregate shareholding of Lenskart Solutions in Quantduo to 100% of the fully diluted share capital.

Prior to this transaction, the company had acquired a 4.65% stake in Quantduo on March 16, 2026. The aggregate increase in shareholding since the last disclosure is 7.65%. The total cost of subscription for acquiring the remaining 7.65% shareholding across both dates is INR 36.76 million.

The acquisition falls within the ambit of related party transactions as Quantduo is a subsidiary of the company. The transaction was undertaken on an arm's length basis in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Amit Chaudhary, Promoter and Director of Lenskart Solutions, is also a director on the Board of Quantduo.

Quantduo is a private limited company incorporated in India on December 29, 2018. It operates in the technology industry, providing advanced analytics solutions. The company's business aligns with the main line of business of Lenskart Solutions. The acquisition aligns with the strategic objective of consolidating ownership and strengthening the controlling shareholder position.

Financial Performance of Quantduo

The turnover of Quantduo has shown growth over the last three financial years. The following table summarises the company's revenue trajectory: