Lenskart Solutions Ltd

Cyber incident disclosure

• There was a cyber incident involving a sub-vendor of Lenskart Solutions Pte. Ltd. in Singapore.
• Issue identified promptly and remediated; no disruption to company, group, or customers.
• Group company notified the Singapore data privacy regulator in compliance with law.
• Disclosure is being made as a matter of good governance.

AGM Details

• Date and time: 19 August 2026, 11:00 A.M. (IST).
• Mode: VC/OAVM; no physical meeting or proxy.
• Record date: 12 August 2026; shareholders on record: 143,884.
• Meeting held via video conferencing/OAVM; attendance via VC: 75 (Promoter group 3, Public 72).

Key Resolutions

• Resolution 1: Receive and adopt Audited standalone financial statements for year ended 31 March 2026.
• Resolution 2: Receive and adopt Audited Consolidated financial statements for year ended 31 March 2026.
• Resolution 3: Re-appointment of director retiring by rotation.
• Resolution 4: Appointment of Secretarial Auditors.

Voting Results

• Resolution 1 passed with 99.9962% in favour.
• Resolution 2 passed with 99.9308% in favour.
• Resolution 3 passed with 92.2244% in favour.
• Resolution 4 passed with 100% in favour.

Dividend

• Dividend: No dividend proposed or declared.

Director Changes

• Director changes: Re-appointment of director retiring by rotation.

Auditor Appointments

• Auditors: Secretarial auditor appointed for the year.

Material Related Party Transactions

• Material RPTs: None disclosed.

Other Material Approvals

• Other approvals: None reported.

Meeting Details

• Date: Aug 12, 2026; virtual earnings conference call (Zoom); time not disclosed.

Participants

• Event organizer: Lenskart Solutions Limited; Q1 FY27 Earnings Conference Call.
• Key company participants: CEO, CFO, Head of Investor Relations.

Purpose

• Discuss Q1 FY27 results and strategic updates; Q&A session with investors.

Additional Notes

• Recording of the call; transcript and presentation to be hosted on the company site.

AGM Details

• Date and time: 19 August 2026, 11:00 AM to 12:30 PM IST.
• Mode: Video Conferencing / Other Audio-Visual Means.
• Attendance: 75 members representing 30,25,39,325 shares present.
• Electronic voting window: 14–18 August 2026; 30-minute post-meeting extension.
• Chair: Peyush Bansal; meeting conducted via VC; no proxies due to absence.

Key Resolutions & Voting

• Adopt standalone financial statements for FY2026 (ordinary) – voting results to be announced later.
• Adopt consolidated financial statements for FY2026 (ordinary) – voting results to be announced later.
• Re-appoint Neha Bansal by rotation (ordinary) – voting results to be announced later.
• Appoint Secretarial Auditors (ordinary) – voting results to be announced later.

Directors & Auditors

• Neha Bansal to be re-appointed by rotation.
• Secretarial Auditors approved for appointment.

Transaction overview

• Target: Wenzhou Framekart Trade Co., Ltd (PR China), eyewear trading and allied optical products.
• Investment: RMB 1 million cash by BFT for 95% equity in Wenzhou.
• Regulatory approvals: Not applicable for incorporation.
• Nature: Step-down subsidiary of Lenskart via Baofeng Framekart Technology Limited.
• Related party: BFT is Lenskart's joint venture; the entity is group-related.
• Purpose: Facilitate trading, importing, exporting and procurement for BFT and subsidiaries.
• Industry: Eyewear and allied optical products.
• Timeline: Incorporated August 14, 2026; certificate received August 17, 2026.
• Background: Incorporated August 14, 2026; trades, imports/exports spectacle frames and related products.
• Ownership: 95% equity held by BFT; ownership represented as equity interests.

Issue Overview

• Type: Public IPO of equity shares; fresh issue component.
• Total issue size and net proceeds disclosed; no undersubscription indicated.
• Capex for CoCo stores in India.
• Lease payments for CoCo stores.
• Investing in technology and cloud infrastructure.
• Brand marketing and business promotion expenses.
• Unidentified inorganic acquisitions and general corporate purposes.
• Offer-related expenses for the Fresh Issue.

Utilisation of Proceeds

• Utilisation is as per offer document; no material deviation observed.
• No major deviation observed over prior MA reports.
• Capex for CoCo stores: end-quarter utilisation 40.10 Cr; unutilised 232.52 Cr; ongoing.
• Lease/rent: end-quarter utilisation 85.47 Cr; unutilised 505.97 Cr; ongoing.
• Technology/infrastructure: end-quarter utilisation 32.82 Cr; unutilised 180.55 Cr; ongoing.
• Brand marketing: end-quarter utilisation 49.24 Cr; unutilised 270.82 Cr; ongoing.
• Unidentified inorganic acquisitions and GCP: end-quarter utilisation 105.1 Cr; unutilised 578.03 Cr; ongoing.
• Offer related expenses: end-quarter utilisation 51.03 Cr; unutilised 18.34 Cr; ongoing.
• Total unutilised proceeds: substantial; majority invested in fixed deposits.
• Note: funds moved from monitoring to operating account per Note 1.
• GCP: taxes paid totaling 105.10 Cr to date; current quarter 52.55 Cr.

Governance and Compliance

• Approvals: Government/statutory approvals related to objects not applicable.
• No material events or information affecting viability reported.
• No governance changes reported; management comments not material.
• No other information material to investor decisions reported.

GCP

• GCP usage: taxes paid; total GCP deployment to date.
• GCP: 52.55 Cr spent on taxes in the quarter; total 105.10 Cr to date.
• Board approval for GCP allocations not specified.

Meeting Details

• Date: August 12, 2026; Earnings call to discuss Q2 2026 results.
• Type/Mode: earnings call; audio recording available online.
• Organiser: Lenskart Solutions Limited.

Participants

• Key company participants: Company Secretary and Chief Compliance Officer.

Purpose

• Purpose: discuss Financial Results for the quarter ended June 30, 2026.

Availability

• Recording will be hosted on the company's investor relations site.