Lenskart to Incorporate Step-Down Subsidiary in UK for Eyewear Retail
Lenskart Solutions Limited announced the incorporation of a new step-down subsidiary, Stellio Ventures UK LTD, in the United Kingdom. The decision was approved by the Board of Directors of Stellio Ven...
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Why is Lenskart Solutions Limited in the news today?
Lenskart Solutions Limited (LENSKART) is in the news due to the announcement details the incorporation of a new subsidiary, which is a routine corporate action. it does not contain immediate financial impacts or significant strategic shifts that would warrant a positive or negative sentiment.
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Lenskart to Incorporate Step-Down Subsidiary in UK for Eyewear Retail
December 26, 2025, 01:11 PM
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Lenskart Solutions Limited announced the incorporation of a new step-down subsidiary, Stellio Ventures UK LTD, in the United Kingdom. The decision was approved by the Board of Directors of Stellio Ventures, S.L., a subsidiary of Lenskart Solutions Limited, on December 26, 2025.
The proposed entity will focus on establishing and operating retail stores in the UK for the sale of eyewear products and related accessories under the 'Meller' brand. Stellio, the wholly-owned subsidiary of Lenskart, will be the holding company of the new entity, making Stellio Ventures UK LTD an indirect step-down subsidiary of Lenskart Solutions Limited.
Lenskart will indirectly hold 84.21% of the shares in the proposed subsidiary. The initial investment will be a cash consideration of GBP 100 for share subscription, with further investments to be undertaken as approved by Stellio's Board. The specific date of incorporation will be intimated in due course.
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