India, June 7 -- Omnichannel eyewear giant Lenskart has converted into a public entity, as it lines up plans for its initial public offering (IPO).
In an extraordinary meeting called on May 30, Lenskart's board passed a special resolution to change the name of the company to "Lenskart Solutions Limited" from "Lenskart Solutions Private Limited" previously.
In its filing, Lenskart said that the name conversion will enable it to undertake its IPO on "one or more stock exchanges". It did not specify the quantum of the planned issue size.
"In order to undertake the offer (IPO), the status of the company is required to be changed from a private company limited by shares to a public company limited by shares," read the company's filings with...
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