Nykaa approves 82% stake purchase in Simply Nam for up to INR 33 crore
NYKAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
FSN E-Commerce Ventures, known as Nykaa, approved buying 82% of Simply Nam Beauty for up to INR 33 crore in cash. Transaction documents have been executed, and completion is expected by December 31, 2026, subject to closing conditions. Simply Nam sells premium makeup. Its turnover rose from INR 3.70 crore in FY2024 to INR 9.61 crore in FY2025 and INR 16.99 crore in FY2026.
Nykaa gains control of a growing premium makeup brand, strengthening its beauty portfolio. Cash use and integration are key risks for shareholder returns.