Lenskart Solutions has announced a significant corporate development through its subsidiary Stellio Ventures, which has received approval to establish a new step-down subsidiary in the United Kingdom.

Strategic Subsidiary Formation

The newly approved UK subsidiary will serve as a dedicated vehicle for the growth and expansion of the Meller brand. This corporate structure development indicates the company's commitment to strengthening its international presence through strategic subsidiary formations.

Corporate Structure Enhancement

The establishment of this UK step-down subsidiary through Stellio Ventures demonstrates Lenskart's systematic approach to international market expansion. The move is designed to facilitate the operational and strategic growth of the Meller brand in the UK market.

Business Development Focus

This subsidiary formation represents a focused effort to enhance the Meller brand's market position and operational capabilities in the United Kingdom. The step-down subsidiary structure will provide the necessary corporate framework for brand development and market expansion activities.

Lenskart Solutions Limited has announced the incorporation of a new step-down subsidiary in the United Kingdom, marking a significant expansion of its international retail operations. The Board of Directors of Stellio Ventures, S.L., a subsidiary of Lenskart Solutions Limited, approved the incorporation of Stellio Ventures UK LTD on December 26, 2025.

Corporate Structure and Ownership

The new subsidiary will operate under a clear corporate hierarchy, with specific ownership arrangements that maintain Lenskart's strategic control.

Business Objectives and Market Focus

The newly incorporated entity has been established with a specific strategic purpose in the UK eyewear market. Stellio Ventures UK LTD will focus on establishing and operating retail stores throughout the United Kingdom for the sale of eyewear products and related accessories under the 'Meller' brand. The company will operate within the retail eyewear industry, leveraging Lenskart's expertise in eyewear retail and brand management.

Financial Investment Details

The incorporation involves a structured financial commitment from the parent company, with provisions for future expansion.

Regulatory Compliance

Lenskart Solutions Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received intimation from Stellio Ventures regarding the subsidiary incorporation on December 26, 2025, and promptly communicated this development to the National Stock Exchange of India Limited and BSE Limited. The disclosure includes comprehensive details as required by SEBI Circular no. SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated December 31, 2024.

This strategic expansion into the UK market represents Lenskart's continued international growth strategy, utilizing its established subsidiary structure to enter new geographical markets with targeted brand positioning.