Lenskart Solutions Ltd.LENSKARTMixedLowmateriality 38 out of 100
Lenskart raises Ajna stake to 9.01% for INR 79.97 million
M&Aacquisition
As filed
Lenskart Solutions Limited has informed the Exchange about acquisition of an additional stake in its associate entity, Dimension NXG Private Limited.
Why it matters
CapitSignal interpretationThe investment increases Lenskart’s exposure to Ajna’s augmented reality, mixed reality, artificial intelligence and smart wearable technology ecosystem. Ajna is an associate and the company’s promoter and managing director, Mr. Peyush Bansal, is also a director on Ajna’s board.