FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 125,500 Equity Shares pursuant to the exercise of vested stock options by the employees under the Employee Stock Options schemes of the Company.
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FSN E-Commerce Ventures Limited (Nykaa) has allotted 125,500 equity shares to employees who exercised their vested stock options under the company's Employee Stock Option Scheme. The allotment was approved by the Nomination and Remuneration Committee on May 8, 2026. As a result, the company's issued and paid-up share capital has increased. The newly allotted shares will rank equally with existing equity shares in all respects.
This is a routine corporate action related to employee stock compensation. The share issuance causes minor dilution to existing shareholders, though the impact is negligible given the relatively small number of shares (125,500) compared to total outstanding shares. It does not signal any major change in the company's fundamentals.