Ahead of Initial Public Offering (IPO), eyewear retailer Lenskart formalised annual fixed salaries totalling ₹12 crore for its co-founders, reported Moneycontrol. The Founder-CEO, Peyush Bansal will receive ₹6 crore annually, while other two co-founders will draw ₹3 crore each. Effective from April 2025, this compensation was reportedly approved by the company's annual general meeting on July 26.