The Exchange has sought clarification from FSN E Commerce Ventures Limited with respect to recent news item captioned Nykaa in talks to buy majority stake in Deepika Padukone's skincare brand 82 E. The response from the Company is attached.
NYKAA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The NSE asked Nykaa to clarify a news article claiming it was in talks to buy a majority stake in Deepika Padukone's skincare brand 82°E. In its response, Nykaa confirmed that it evaluates strategic growth opportunities on an ongoing basis and remains in discussions with the concerned parties, including 82°E. The company stated it will make proper disclosures when required under applicable laws. It also noted that it filed its Q4 FY2026 quarterly revenue update on the same day. Importantly, Nykaa said it does not foresee any material impact from the news article on the company.
This is broadly positive for shareholders as it confirms active M&A discussions in the premium skincare segment, potentially expanding Nykaa's brand portfolio. However, the deal is not yet finalized, and the company itself downplays any material impact, so the stock may see limited immediate upside until concrete terms are announced.