FSN E Commerce Ventures Limited has informed the Exchange regarding allotment of 316250 securities pursuant to exercise exercise of vested stock options by the employees under the Employees Stock Options schemes of the Company

FSN E-Commerce Ventures, the parent company of Nykaa, has allotted 316,250 equity shares following the exercise of vested stock options by employees under the company's ESOP scheme. This is a routine corporate action where employees who were granted stock options in the past have now exercised their right to convert those options into actual shares. The allotment results in a small increase in the total share count of the company, leading to minor dilution for existing shareholders.