FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 370900 Shares pursuant to the exercise of vested stock options by the employees under Employee Stock Option Scheme of the Company.
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FSN E-Commerce Ventures (Nykaa) has allotted 3,70,900 equity shares following the exercise of vested stock options by employees under the company's Employee Stock Option Scheme. The allotment was approved by the Nomination and Remuneration Committee on February 12, 2026. As a result, the company's issued and paid-up share capital has increased. The newly issued shares will carry equal rights as existing equity shares.
This is a routine ESOP allotment with a relatively small number of shares, resulting in marginal dilution for existing shareholders. It reflects employees exercising vested options, which is normal and unlikely to materially affect the stock price.