Lenskart Solutions Grants 3,47,000 Employee Stock Options at INR 389 Per Share Under ESOP Plan 2021

Lenskart Solutions Limited has announced the grant of 3,47,000 Employee Stock Options (ESOPs) to eligible employees under the Lenskart Employee Stock Option Plan, 2021. The grant was approved by the Nomination and Remuneration Committee of the company through a circular resolution passed on May 8, 2026, and was disclosed to the stock exchanges on May 9, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Grant Details

The grant covers eligible employees of the company as well as those of its Group Company, Subsidiary Company(ies), and Associate Company(ies), whether based in India or outside India. The scheme is compliant with the SEBI (Share Based Employee Benefits) Regulations, 2021. The key parameters of the grant are outlined below:

Parameter: Details Number of Options Granted: 3,47,000 Employee Stock Options Plan Name: Lenskart Employee Stock Option Plan, 2021 Exercise Price: INR 389 per share Face Value per Share: INR 2 each Total Equity Shares Covered: 3,47,000 equity shares Conversion Ratio: 1 option = 1 equity share Grant Approval Date: May 8, 2026 Disclosure Date: May 9, 2026

Pricing Formula and Exercise Window

The exercise price of INR 389 per share has been determined based on the average closing price for 30 days prior to the grant date on the stock exchange recording the highest trading volume during that period, subject to a maximum discount of 25% on such price. Options can be exercised, either wholly or partly, at any time during the exercise window while the employee remains in employment with the company, after the applicable vesting period.

Regulatory Compliance

The intimation has been made in accordance with Regulation 30 read with Schedule III of the SEBI Listing Regulations, and in line with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The disclosure was signed by Ashish Srivastava, Company Secretary and Chief Compliance Officer (Membership No.: F5325), from the company's corporate office in Gurugram, Haryana. As the announcement pertains solely to the grant of options, items such as options vested, options exercised, money realized, options lapsed, and diluted earnings per share are reported as not applicable at this stage.

Lenskart Solutions witnessed a significant block trade activity, with 59 million shares changing hands in a single transaction. The block trade accounted for approximately 3.4% of the company's total equity, indicating a substantial movement of shares in the market.

Block Trade Details

The key parameters of the block trade are summarised below:

Parameter: Details Shares Traded: 59 million Equity Traded (Approx.): 3.4% Trade Type: Block Trade

Block trades of this scale typically involve institutional participants and are executed outside the open market to minimise price impact. The transaction represents a notable shift in the shareholding structure of the company, given that approximately 3.4% of total equity was involved in a single trade.

Market Significance

The movement of 59 million shares in a block trade underscores considerable interest in Lenskart's equity. Such transactions are closely watched by market participants as they can reflect changes in institutional positioning. No additional details regarding the identity of the buyer or seller, or the price at which the block trade was executed, were available in the source data.

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