FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 426599 Shares.
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FSN E-Commerce Ventures Limited (Nykaa) has allotted 4,26,599 equity shares on May 20, 2025, pursuant to the exercise of vested stock options by employees under the company's Employee Stock Option Schemes. The newly issued shares will rank pari-passu with existing equity shares in all respects. The intimation was filed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR), 2015. This is a routine corporate disclosure related to employee stock-based compensation.
Minor equity dilution from ESOP exercise, which is normal and expected. This is unlikely to have a material impact on the stock price, though it reflects employee participation in Nykaa's stock-based incentive plans.