Lenskart Solutions Limited — JV/Acquisition, 12-08-2026: Acquisition

Lenskart is increasing its stake in its Chinese joint venture, Baofeng Framekart Technology, by an additional 19% to gain greater control over manufacturing and supply chain. This move aligns with Lenskart's backward integration strategy and is expected to enhance supply chain resilience. The company is also establishing new subsidiaries in South Korea and China. Lenskart also reported its financial results for the quarter and half-year.