Intimation for appointment of Secretarial Auditor
Awaiting price reaction for this filing.
FSN E-Commerce Ventures, the parent company of Nykaa, has appointed M/s. S. N. Ananthasubramanian & Co (SNACO), a practicing company secretary firm established in 1991, as its Secretarial Auditor. The appointment is for a period of five consecutive years, covering financial years 2025-26 through 2029-30. The decision was made by the Board on May 30, 2025, based on the Audit Committee's recommendation, and is subject to shareholder approval at the upcoming 13th Annual General Meeting. SNACO is a peer-reviewed firm led by five partners, serving a diverse client base across public sector, FMCG, insurance, and corporates. The appointment complies with the amended SEBI Listing Regulation 24A.
This is a routine regulatory compliance disclosure — appointing a secretarial auditor is a standard corporate governance requirement under SEBI rules and has no material impact on shareholders or the stock price.