Lenskart Solutions has acquired an additional 3% stake in Quantduo Technologies (Quantduo). The acquisition of additional shareholding in Quantduo is consistent with the company's strategic objective of consolidating its ownership in Quantduo and strengthening its position as the controlling shareholder. The acquisition was completed on June 9, 2026.
Further, the company had earlier acquired an additional 4.65% stake in Quantduo on March 16, 2026. Accordingly, the aggregate increase in the company's shareholding in Quantduo since the last disclosure made by the company is 7.65%.
Consequent to the aforesaid acquisitions, the aggregate shareholding of the company in Quantduo has increased from 92.35% to 100% of the fully diluted share capital of Quantduo. As a result, Quantduo has become a wholly-owned subsidiary of the company.
Lenskart Solutions is a technology-driven eyewear company with integrated operations spanning designing, manufacturing, branding and retailing of eyewear products. It primarily sells prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories, under multiple brands and sub-brands.
