FSN E Commerce Ventures Limited has informed the Exchange regarding Allotment of 523900 Shares.
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FSN E-Commerce Ventures (Nykaa) has allotted 5,23,900 equity shares to employees who exercised their vested stock options under the company's Employee Stock Option Scheme on June 23, 2025. The newly issued shares will rank equally with existing equity shares of the company. The allotment was approved by the Nomination and Remuneration Committee. This is a routine disclosure made under SEBI Listing Regulations.
This is a minor, routine ESOP allotment with no material impact on shareholders. Slight dilution of existing equity is expected but is small in scale relative to Nykaa's overall share base.