Announced Tue, 17 Mar · 10:58 IST

FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 169300 Shares pursuant to exercise of vested stock options by the employees under the Employees Stock Option Schemes of the Company.

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AI summary

FSN E-Commerce Ventures Limited (Nykaa) has allotted 1,69,300 equity shares on March 17, 2026, following the exercise of vested stock options by employees under the company's ESOS. The Nomination and Remuneration Committee approved the allotment, which has increased the company's issued and paid-up share capital. The newly issued shares will rank equally with existing equity shares in all respects. The company has informed both NSE and BSE of this development as required under SEBI listing regulations.

Likely market impact

This is a routine ESOP allotment with no material impact on shareholders — the dilution of 1.69 lakh shares is negligible relative to Nykaa's overall share base and is part of standard employee compensation.