FSN E Commerce Ventures Limited has submitted the Exchange a copy Srutinizers report and voting results regarding Postal Ballot conducted for re-appointment of Ms. Falguni Nayar as the Executive Chairperson, Managing Director and Chief Executive Officer (EC, MD & CEO) of the Company for a term of 5 years and payment of remuneration.
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FSN E-Commerce Ventures (Nykaa) has filed the scrutinizer's report and voting results of a postal ballot conducted to re-appoint Ms. Falguni Nayar as Executive Chairperson, Managing Director and Chief Executive Officer for a further term of 5 years, along with approval of her remuneration. The postal ballot process confirms shareholder approval through voting. No changes in leadership — this is a continuation of the existing CEO.
Continuity in leadership as the founder-promoter Falguni Nayar stays at the helm for another 5-year term, providing stability. No negative impact expected; routine corporate governance compliance.