Lenskart Solutions Share Price Gains Over 3%; Incorporates New Subsidiary in China

Lenskart Solutions Limited has incorporated a new step-down subsidiary in China named Wenzhou Framekart Trade Co., Ltd, as per an exchange filing dated August 17, 2026.  

The company was incorporated on August 14, 2026, and Lenskart received its Certificate of Incorporation on August 17. The company had earlier informed the exchanges about the proposed incorporation on August 12, 2026. 

Ownership of the Subsidiary 

Wenzhou Framekart Trade Co., Ltd has been set up as a subsidiary of Baofeng Framekart Technology Limited (BFT). BFT is a joint venture of Lenskart Solutions, making the new company a step-down subsidiary of Lenskart. 

BFT holds 95% of the equity interest in the Chinese entity. As a Chinese limited liability company, its ownership is recorded through equity interests rather than a specified number of shares. 

Business of the New Entity 

The new subsidiary will be involved in the trading, import, export, and procurement of spectacle frames and other optical products. 

Its activities will also cover materials, equipment, and technology needed for the business of BFT and its subsidiaries. The company falls under the eyewear and allied optical products industry. 

Investment in the Entity 

BFT is to subscribe to the equity interest in Wenzhou Framekart Trade Co., Ltd for RMB 1 million. The consideration for the investment is in cash. 

The disclosure states that no government or regulatory approval was required for the incorporation. BFT’s 95% equity interest was recorded upon incorporation of the Chinese company. 

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Lenskart Solutions Share Price Performance  

As of August 18, 2026, 2:50 pm, Lenskart Solutions share price was trading at ₹626.00, a 3.03% increase from the previous closing price 

Conclusion 

Wenzhou Framekart Trade Co., Ltd was incorporated in China on August 14, 2026. The company has been set up under BFT, Lenskart’s joint venture. BFT holds 95% of the equity interest in the new subsidiary. 

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