Announced Thu, 24 Jul · 15:07 IST

FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 477950 Shares.

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AI summary

FSN E-Commerce Ventures (Nykaa) has allotted 4,77,950 equity shares following the exercise of vested stock options by employees under the company's Employee Stock Option Schemes (ESOPs). The allotment was approved by the Nomination and Remuneration Committee on July 24, 2025. The newly issued shares will rank equally with existing equity shares. This is a routine disclosure under SEBI LODR regulations.

Likely market impact

This is a routine ESOP allotment causing marginal dilution (less than 0.1% of share capital). No material impact on shareholders or stock price is expected as it reflects normal employee compensation activity.