Nykaa's bonus shares issue record date this week. check details

 

• Nayaka 1:5. Announced the issue of Bonus Equity Shares of the Company in the ratio of

Shares of FSN E-Commerce Ventures, parent of cosmetics-to-fashion retailer Nykaa, begin ex-bonus trading this weekend on Thursday, November 10, 2022, a day before its record date for a bonus issue of equity shares will do. In the ratio of 1:5.

Last month, Nykaa announced that its board has approved the issuance of bonus equity shares of the company in the ratio of 1:5, i.e. the company will issue a bonus of 5 shares for every 1 share as on the record date. The Board of Directors of the Company revised the record date for its 5:1 Bonus Shares to Friday, November 11, 2022, prior to November 03, 2022.

The company said that the issue of bonus shares would be out of the securities premium account available till March 31, 2022. Bonus shares are fully paid-up additional shares issued by the company to its existing shareholders.

The company said that the actual number of bonus equity shares to be issued and the post-bonus issue share capital would be determined on the basis of the paid-up share capital as on the record date.

"We hereby inform that the Board, in its meeting held on 03rd October, 2022, has, inter alia, approved the bonus of equity shares in the ratio of 5 (five) fully paid-up equity shares of Rs.1/- for every Rs. The issue has been approved. a) fully paid-up equity shares of 1/- by the shareholders of the company as on record date, subject to the approval of the shareholders through postal ballot," Nayaka had informed in an exchange filing.

FSN E-commerce Ventures Ltd said last week that the company has received approval from shareholders with an overwhelming majority on bonus share issue and new employee stock options (ESOPs) and employee stock unit plans (RSUs).

The company believes that the bonus shares will encourage participation from retail investors over the long term, as well as see wider shareholding.


Additionally, in line with Nykaa's objective of attracting and retaining the right talent pool and building long-term incentive structures, the Nomination and Remuneration Committee of the Board of Directors and Board of Directors, in their respective meetings held on 30 September and 3 October approved. Stock Option Plan 2022 and Employee Stock Unit Plan 2022. Nykaa's bonus shares issue record date this week. check details


• Nayaka 1:5. Announced the issue of Bonus Equity Shares of the Company in the ratio of

Shares of FSN E-Commerce Ventures, parent of cosmetics-to-fashion retailer Nykaa, begin ex-bonus trading this weekend on Thursday, November 10, 2022, a day before its record date for a bonus issue of equity shares will do. in the ratio of 1:5.

Last month, Nykaa announced that its board has approved the issuance of bonus equity shares of the company in the ratio of 1:5, i.e. the company will issue a bonus of 5 shares for every 1 share as on the record date. The Board of Directors of the Company revised the record date for its 5:1 Bonus Shares to Friday, November 11, 2022, prior to November 03, 2022.

The company said that the issue of bonus shares would be out of the securities premium account available till March 31, 2022. Bonus shares are fully paid-up additional shares issued by the company to its existing shareholders.

The company said that the actual number of bonus equity shares to be issued and the post-bonus issue share capital would be determined on the basis of the paid-up share capital as on the record date.

"We hereby inform that the Board, in its meeting held on 03rd October, 2022, has, inter alia, approved the bonus of equity shares in the ratio of 5 (five) fully paid-up equity shares of Rs.1/- for every Rs. The issue has been approved. a) fully paid-up equity shares of 1/- by the shareholders of the company as on record date, subject to the approval of the shareholders through postal ballot," Nayaka had informed in an exchange filing.

FSN E-commerce Ventures Ltd said last week that the company has received approval from shareholders with an overwhelming majority on bonus share issue and new employee stock options (ESOPs) and employee stock unit plans (RSUs).

The company believes that the bonus shares will encourage participation from retail investors over the long term, as well as see wider shareholding.


Additionally, in line with Nykaa's objective of attracting and retaining the right talent pool and building long-term incentive structures, the Nomination and Remuneration Committee of the Board of Directors and Board of Directors, in their respective meetings held on 30 September and 3 October approved. Stock Option Plan 2022 and Employee Stock Unit Plan 2022.