Nykaa stock split

FSN E-Commerce, the online and offline fashion and lifestyle company founded by former investment banker Falguni Nayyar, has come up with the first big idea to nykaa stock split its shareholders. The company, which is better known in the market by its brand name Nykaa, has declared a bonus in the ratio of

Nykaa on Monday announced that its board at its meet held today has approved the issuance of bonus equity shares of the company in the ratio of i. The company said that the issuance of bonus shares will be out of Securities Premium Account available as on March 31, Bonus shares are fully paid additional shares issued by a company to its existing shareholders. The actual number of bonus equity shares to be issued and post bonus issue share capital will be determined based on the paid-up share capital as on the record date, the company added. Further, the company has fixed Thursday, November 03, , as the record date for the purpose of determining members eligible for Bonus equity shares.

Nykaa stock split

According to an exchange filing by FSN E-Commerce Ventures, the parent company of Nykaa, the company's board has revised the record date for determining the eligibility of the shareholders who would receive the benefit of the corporate action. The company had on October 3 approved the issuance of bonus shares to its existing shareholders in the ratio of It means that Nykaa shareholders will get 5 bonus shares for every one share. The company had declared that the record date for the Nykaa bonus share would be November 3. But the e-commerce company which sells beauty, wellness and fashion products has now postponed the record date by a week. The new record date for the Nykaa bonus share is November 11, according to the filing. Nykaa was founded by Falguni Nayar in Nykaa IPO was subscribed Nykaa share price has tanked around 40 per cent in the past 6 months and 16 per cent in one month. Post listing, the stock hit a record high of Rs Thereafter the stock started correcting and hit a record low of Rs on Friday, 28 October , sliding below the IPO issue price of Rs 1, Shares of Nykaa on Monday zoomed 20 per cent to settle at Rs

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Nykaa stock split

Nykaa on Monday announced that its board at its meet held today has approved the issuance of bonus equity shares of the company in the ratio of i. The company said that the issuance of bonus shares will be out of Securities Premium Account available as on March 31, Bonus shares are fully paid additional shares issued by a company to its existing shareholders. The actual number of bonus equity shares to be issued and post bonus issue share capital will be determined based on the paid-up share capital as on the record date, the company added. Further, the company has fixed Thursday, November 03, , as the record date for the purpose of determining members eligible for Bonus equity shares. Founded in by former investment banker Falguni Nayar, the company has a diverse portfolio of beauty, personnel care and fashion products, including its owned manufactured brand products under its two business verticals, Nykaa and Nykaa Fashion. Milestone Alert! Unlock a world of Benefits!

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The actual number of bonus equity shares to be issued and post bonus issue share capital will be determined based on the paid-up share capital as on the record date, the company added. My Stock Screener Alerts. Shareholding Stock Screeners. Tools and Calculators. Debt funds for conservative investors. The company, which is better known in the market by its brand name Nykaa, has declared a bonus in the ratio of Yes, Continue. Recently Triggered. Delivery Stock Screeners. Subscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp.

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