Omnichannel eyewear retailer Lenskart is likely to issue additional shares to its founder and CEO Peyush Bansal through a structured payout arrangement, which could increase his stake in the public markets-bound company by 1.5-2%, said people briefed on the development.

Bansal and his wife Neha Bansal, also a cofounder, currently hold a combined stake of about 12-13% in the firm.

The move reflects a broader trend among consumer tech and internet companies, such as rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato (now Eternal), rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy, rel=”dofollow” href=”https://economictimes.indiatimes.com/delhivery-ltd/stocks/companyid-2041701.cms” target=”_blank”>Delhivery, rel=”dofollow” href=”https://economictimes.indiatimes.com/pb-fintech-ltd/stocks/companyid-2017710.cms” target=”_blank”>PB Fintech and Freshworks, which have awarded…

Omnichannel eyewear retailer Lenskart is likely to issue additional shares to its founder and CEO Peyush Bansal through a structured payout arrangement, which could increase his stake in the public markets-bound company by 1.5-2%, said people briefed on the development.

Bansal and his wife Neha Bansal, also a cofounder, currently hold a combined stake of about 12-13% in the firm.

The move reflects a broader trend among consumer tech and internet companies, such as rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” target=”_blank”>Zomato (now Eternal), rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” target=”_blank”>Swiggy, rel=”dofollow” href=”https://economictimes.indiatimes.com/delhivery-ltd/stocks/companyid-2041701.cms” target=”_blank”>Delhivery, rel=”dofollow” href=”https://economictimes.indiatimes.com/pb-fintech-ltd/stocks/companyid-2017710.cms” target=”_blank”>PB Fintech and Freshworks, which have awarded…