India, April 21 -- Beauty and fashion major Nykaa's parent FSN E-Commerce Ventures has allotted 17,010 equity shares under its employee stock option schemes (ESOP).
In an exchange filing today, Nykaa said that the equity shares have been allotted pursuant to the exercise of vested stock options by the employees under the employee stock option schemes of the company
"The equity shares so allotted, shall rank pari-passu with the existing equity shares of the company in all respects," the filing said.
As per the stock's closing price of INR 189.55 apiece on Thursday (April 17), the newly allotted equity shares are worth INR 32.24 Cr.
Shares of Nykaa were trading 1.5% higher at INR 192.40 apiece on the BSE, as of 12:18 PM.
The allotment ...
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