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FSN E-Commerce Ventures Allots Over 664,000 Shares Under Employee Stock Option Scheme

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FSN E-Commerce Ventures Allots Over 664,000 Shares Under Employee Stock Option Scheme

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FSN E-Commerce Ventures Ltd. ( (IN:NYKAA) ) has issued an update.

FSN E-Commerce Ventures Ltd. announced the allotment of 664,160 equity shares following the exercise of vested stock options by its employees under the company’s Employee Stock Option Scheme. This move is part of the company’s ongoing efforts to incentivize and retain talent, aligning employee interests with company growth. The newly allotted shares will hold the same rights as existing shares, reflecting the company’s commitment to maintaining equity and transparency for its stakeholders.

More about FSN E-Commerce Ventures Ltd.

FSN E-Commerce Ventures Ltd. operates in the e-commerce industry, primarily offering beauty, wellness, and fashion products through its platform Nykaa. The company focuses on providing a wide range of products to consumers in India, leveraging its online presence to cater to the growing demand for e-commerce solutions.

Average Trading Volume: 372,501

Technical Sentiment Signal: Buy

Current Market Cap: 744.6B INR

See more data about NYKAA stock on TipRanks’ Stock Analysis page.

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