Nykaa Share Price: FSN E-Commerce Ventures, the parent company of veteran fashion retailer Nykaa, has allotted 17,58,600 equity shares. The company has given this information in the exchange filing. These shares have been issued through Employees' Stock Options under the Employees' Stock Option Scheme (ESOS), 2017. The face value of these shares is Re 1.
Nykaa Share Price: Nykaa allotted 17.58 lakh new shares
Nykaa Share Price: FSN E-Commerce Ventures, the parent company of veteran fashion retailer Nykaa, has allotted 17,58,600 equity shares. The company has given this information in the exchange filing. These shares have been issued through Employees' Stock Options under the Employees' Stock Option Scheme (ESOS), 2017. The shares have a face value of Re 1 and have been issued by the Nomination and Remuneration Committee of FSN E-Commerce. Talking about shares, today its shares are available on BSE with a gain of 3.62 per cent at a price of Rs 151.85 (Nykaa Share Price).
Increase in paid-up share capital of Nykaa
The equity shares of Nykaa have been issued under ESOS,2017. All these shares will be equal to the existing shares of the company in all respects including dividends, that is, as the existing equity shares get the same benefits like dividends and price hikes, similarly the shares of Employees' Stock Options will also get these benefits. After the allotment of these shares, the paid-up share capital of the company increased from Rs.2,84,93,72,430 to Rs.2,85,11,31,030.
Share has climbed 26% in two weeks
Last month, on January 23, 2023, Nykaa's shares were priced at Rs 120.75, which is a one-year record low. After this, the buying trend increased again and till now it has climbed 26 percent to reach the price of Rs 151.85 on February 9, 2023. However, it is still at a discount of about 52 per cent from its one-year high. Last year on February 9, 2022, it was at a price of Rs 317.13, which is a record high of one year.
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