Lenskart Solutions Ltd

📊 Lenskart Financial & Stock Option Updates: Key Figures from Singapore Subsidiaries

• Lenskart Singapore Pte. Ltd. reported a turnover of 30,046,932 SGD as of March 31, 2025

• Lenskart Singapore Pte. Ltd. reported a net worth of 465,204,271 SGD as of March 31, 2025

• NESO Brands Pte. Ltd. reported no turnover and a negative net worth of (2,899,074) SGD as of March 31, 2025

• The Board approved the conversion of pre-existing inter-company loans into equity in wholly owned overseas subsidiaries Lenskart Singapore Pte. Ltd. and NESO Brands Pte. Ltd.

• The conversion is due to the subsidiaries being loss-making and unable to service debt obligations

• The Board ratified the Lenskart Employee Stock Option Plan 2021, allowing up to 26,040,528 options exercisable into equity shares of face value ₹2 each

• The Board approved extending the benefits of the Employee Stock Option Plan 2021 to employees of group companies, including subsidiaries and associates, in India and abroad

• The Board approved amendment and ratification of the Lenskart Employee Stock Option Plan 2025, allowing up to 7,280,431 options exercisable into equity shares of face value ₹2 each

• The Plan 2025 will be implemented through a trust route, with secondary market acquisition as the primary mode for acquiring shares