India, Feb. 25 -- Omnichannel beauty retailer Nykaa has allotted 90,500 equity shares under its employee stock option plan (ESOP).

The equity shares are allotted pursuant to the exercise of vested stock options by the employees under the company's ESOP Plan, Nykaa said in an exchange filing.

"The equity shares so allotted, shall rank pari-passu with the existing equity shares of the Company in all respects," the filing said.

With Nykaa's shares opening the trading session today (February 25) at INR 164.45 apiece on the BSE, the newly allotted shares worth translated to INR 1.49 Cr.

The company's shares are trading marginally up at the current market price 12:52 PM on the BSE.

Nykaa's consolidated net profit surged 51% to INR 26.4 Cr ...