Lenskart Increases Stake in Le Petit Lunetier Paris by 5.30%

Lenskart Solutions, through its subsidiary NESO Brands, has acquired an additional 2.52% stake in French eyewear brand Le Petit Lunetier Paris SAS (LPL) for EUR 0.248 million. This latest investment, following a previous acquisition on April 30, 2026, brings NESO's aggregate shareholding in LPL to 34.34%. The acquisition aims to strengthen Lenskart's brand portfolio and leverage LPL for distribution across Lenskart's omnichannel network, without expanding into LPL's European operations. LPL is an existing associate entity and considered a related party, with the transaction conducted on an arm's length basis.