Lenskart Solutions Limited

Manulife Investment Management bought 3,14,370 shares of Lenskart Solutions for ₹15.99 Cr at ₹508.55 apiece through a block deal.

A technology-driven eyewear retailer that designs, manufactures, and sells prescription glasses, sunglasses, contact lenses, and accessories across India. The company combines in-house manufacturing capabilities with a multi-channel retail presence, leveraging digital platforms and physical stores to distribute eyewear products to consumers nationwide. Its vertically integrated business model allows direct control over product quality, cost management, and supply chain efficiency while maintaining brand consistency.

Manulife Investment Management's active India and Pacific Asia equity vehicles. Its India Equity strategy launched in 2012 and uses bottom-up fundamental research to find companies with durable competitive advantages, identifiable catalysts and growth not fully reflected in valuations. Manulife manages US$570.2 billion globally, including US$873.59 million in its India Equity strategy.