Lenskart Solutions Limited has issued a postal ballot notice seeking shareholder approval for amendments to its employee stock option plans through remote e-voting. The company's board had previously approved these amendments and overseas subsidiary restructuring measures during a meeting held on February 11, 2026.

Postal Ballot Notice and E-Voting Timeline

The company issued the postal ballot notice on February 17, 2026, to all shareholders whose email addresses are registered with the company or depositories as of the cut-off date of February 13, 2026. The notice seeks approval for four special resolutions related to employee stock option plans.

Special Resolutions for Shareholder Approval

The postal ballot includes four special resolutions covering amendments to both employee stock option plans established by the company.

Employee Stock Option Plan 2021 Details

The board had previously ratified the Lenskart Employee Stock Option Plan 2021, which requires shareholder approval for post-listing compliance with SEBI regulations.

Key amendments include deletion of pre-listing clauses, rationalization of exercise periods, and extension of exercise periods for death and permanent incapacity cases from three months to one year.

Employee Stock Option Plan 2025 Amendments

The company also seeks approval for amendments to its newer employee stock option plan established in 2025.

This plan operates through the Lenskart ESOP Trust and primarily involves secondary market acquisitions rather than fresh share allotments.

Overseas Subsidiary Restructuring

The board had previously authorized conversion of inter-company loans to equity in two wholly owned overseas subsidiaries to address their operational challenges.

Lenskart Singapore Pte. Ltd. Financial Profile:

NESO Brands Pte. Ltd. Financial Profile:

Regulatory Compliance and Voting Process

The amendments ensure compliance with SEBI (Share Based Employee Benefit and Sweat Equity) Regulations, 2021, applicable to listed companies. The company completed its initial public offering and listing on NSE and BSE on November 10, 2025.

Shareholders can participate in remote e-voting through multiple platforms including NSDL, CDSL, and the company's registrar MUFG Intime India Private Limited. The voting results along with the scrutinizer's report will be announced and made available on the company's website and stock exchange platforms.

These strategic initiatives demonstrate the company's commitment to employee retention through equity participation while ensuring regulatory compliance in its post-listing operations.

Source: Company Filing

Lenskart Solutions Limited announced its unaudited consolidated financial results for Q3FY26, demonstrating exceptional growth momentum across its eyewear retail operations. The Board of Directors approved these results in their meeting held on February 11, 2026, pursuant to Regulation 33 of SEBI LODR Regulations.

Outstanding Financial Performance

The company delivered remarkable financial results for the quarter ended December 31, 2025. Consolidated revenue from operations reached ₹23,077.31 million, marking a substantial 38.26% increase from ₹16,688.35 million in Q3FY25. This growth trajectory reflects the company's strong market position and operational excellence.

Segment-wise Revenue Performance

Both domestic and international segments contributed significantly to the company's growth story. The India segment generated revenue of ₹13,852.91 million, representing a 36.76% increase from ₹10,129.27 million in Q3FY25. The international segment performed even better with revenue of ₹9,359.28 million, up 39.89% from ₹6,689.87 million.

Profitability and Operational Efficiency

The company achieved exceptional profitability improvement with net profit after tax surging to ₹1,327.11 million from ₹18.52 million in Q3FY25. Total expenses grew by 27.93% to ₹21,626.41 million, which was significantly lower than the revenue growth rate, demonstrating improved operational efficiency and cost management.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Lenskart Solutions maintained strong momentum with revenue from operations reaching ₹62,983.31 million, up 27.90% from ₹49,249.48 million. Net profit for the nine-month period grew significantly to ₹2,973.35 million from ₹772.06 million.

Strategic Acquisitions and Investments

During the nine-month period, the company completed several strategic acquisitions to strengthen its market position. These included acquiring an 84.21% stake in Stellio Ventures S.L for ₹4,102.72 million, additional stake in QuantDuo Technologies Private Limited for ₹114 million, and investments in Dimension NXG Private Limited and iiNeer Co. Ltd.

Earnings Call Audio Recording Available

Following the announcement of Q3FY26 results, the company conducted an earnings call on February 11, 2026 to discuss the financial performance. The audio recording of this earnings call is now available for stakeholders and investors. Company Secretary and Chief Compliance Officer Ashish Kumar Srivastava announced the availability of the recording through official communication to stock exchanges on February 12, 2026.

Regulatory Compliance and Governance

The results were reviewed by the Audit Committee and approved by the Board of Directors on February 11, 2026. The financial statements have been prepared in accordance with Indian Accounting Standard 34 and comply with SEBI LODR Regulations. The company's statutory auditors, S.R. Batliboi & Associates LLP, have completed their limited review of the unaudited financial results. The earnings call recording disclosure was made in compliance with Regulation 30 of SEBI LODR Regulations.