Lenskart Solutions Ltd reports sale of 35.66 million shares (2.05%) by MacRitchie Investments

What Lenskart Solutions Ltd disclosed

On 14 July 2026, Lenskart Solutions Ltd (BSE: 544600) filed a Regulation 29(2) disclosure with the Bombay Stock Exchange and the National Stock Exchange of India. The filing informs the exchanges that MacRitchie Investments Pte Ltd sold 3,56,57,688 equity shares of Lenskart, amounting to 2.05 % of the company’s total voting capital. The transaction was carried out on 10 July 2026 in the open market. No shares were sold by the two persons acting in concert (PACs) – Jongsong Investments Pte Ltd and V‑Sciences Investments Pte Ltd – that are listed alongside the seller in the filing.

"The Seller has sold in one or more tranches, 3,56,57,688 equity shares of the Target Company. The sale made on July 10, 2026, of 72,69,355 equity shares of the Target Company by the Seller resulted in…" (Regulation 29(2) filing, p. 3).

The disclosure satisfies SEBI’s Substantial Acquisition of Shares & Takeovers (SAST) Regulations, which mandate that any shareholder whose holding crosses the 1 % threshold must inform the market of acquisitions or disposals.

Details of the share sale

• Seller: MacRitchie Investments Pte Ltd (UEN/Regn. No. 200304983Z, Singapore).
• PACs: Jongsong Investments Pte Ltd; V‑Sciences Investments Pte Ltd.
• Mode of acquisition/disposal: Open‑market sale.
• Date of transaction: 10 July 2026.
• Number of shares sold: 3,56,57,688 (≈ 35.66 million).
• Percentage of total voting capital sold: 2.05 %.
• Shares sold by PACs: Nil.
• Encumbrances or convertible instruments: Nil for all parties.

The filing provides a snapshot of the shareholding pattern before and after the disposal. Prior to the sale, MacRitchie held 7,40,34,519 voting shares (4.26 % of total voting capital). After selling the 35.66 million shares, its holding fell to 3,83,76,831 shares, representing 2.21 % of the diluted share capital.

Shareholding before and after the transaction

The total equity share capital of Lenskart remained unchanged at 1,73,64,16,007 fully‑paid‑up shares (face value INR 2 each). However, the total diluted share capital – which assumes full conversion of any outstanding convertible securities – increased to 1,75,00,04,718 shares after the transaction.

Key facts at a glance

Why this matters for investors

The filing is a compliance requirement under SEBI’s SAST framework, which aims to keep the market informed about significant changes in share ownership. A disposal of 2 % of a listed company’s voting capital by a single shareholder is material because it may affect voting dynamics, especially when the seller is not part of the promoter group. However, the filing makes clear that the seller does not belong to the promoter group, and the two PACs did not alter their holdings.

For shareholders, the key implications are:

• Transparency: The open‑market nature of the sale means the transaction price was determined by market forces, not by a negotiated private deal.
• Ownership concentration: Post‑sale, MacRitchie’s stake falls to just over 2 % of diluted capital, reducing its influence relative to the pre‑sale level of 4.26 %.
• Dilution: The increase in diluted share capital (from 1,73,64,16,007 to 1,75,00,04,718) reflects the conversion of convertible instruments, but the filing indicates no new convertible securities were issued as part of this transaction.
• Regulatory compliance: The prompt disclosure satisfies SEBI’s threshold‑based reporting obligations, reassuring investors that the company adheres to governance norms.

No immediate corporate actions (such as rights issues, buy‑backs, or changes in board composition) are linked to this share sale, and the filing does not indicate any pending approvals or further disposals.

Conclusion

Lenskart Solutions Ltd disclosed that MacRitchie Investments Pte Ltd sold 35.66 million shares (2.05 % of voting capital) on 10 July 2026 through an open‑market transaction. After the sale, the investor’s holding stands at 2.21 % of the diluted share capital, while the overall diluted share count rises to roughly 1.75 billion shares. The filing fulfills SEBI’s Regulation 29(2) requirement, providing investors with a clear view of a material change in share ownership without indicating any further corporate actions.

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FAQs

1. What exactly was disclosed by Lenskart? The company filed a Regulation 29(2) notice stating that MacRitchie Investments Pte Ltd sold 3,56,57,688 Lenskart equity shares (2.05 % of voting capital) on 10 July 2026 via the open market.

2. Who are the persons acting in concert (PACs) and did they sell any shares? The PACs are Jongsong Investments Pte Ltd and V‑Sciences Investments Pte Ltd. According to the filing, neither PAC sold any shares in this transaction.

3. What percentage of Lenskart’s share capital does the seller now hold? After the disposal, MacRitchie holds 3,83,76,831 shares, which equals 2.21 % of the diluted share capital.

4. Was the sale part of a private placement or a rights issue? No. The filing specifies the mode of acquisition/sale as “Open market.”

5. Does this transaction affect Lenskart’s promoter group? The seller is not part of the promoter or promoter group, and the filing confirms no promoter‑related share movement.

6. Will this disclosure trigger any further regulatory action? The filing itself satisfies SEBI’s disclosure requirement under Regulation 29(2). No additional regulatory steps are mentioned in the document.