
Nykaa Under ESOP Allots Shares Worth INR 32 Lakh
The allotment is valued at more than INR 32.3 lakh based on Nykaa's starting price of INR 190 per share.
The allotment is valued at more than INR 32.3 lakh based on Nykaa's starting price of INR 190 per share.
90,500 equity shares have been distributed by omnichannel cosmetics retailer Nykaa as part of its employee stock option plan (ESOP). Nykaa stated in an exchange filing that the equity shares are allocated following the execution of vested stock options by employees under the company's ESOP Plan. The
Nykaa, a leading e-commerce company in the beauty and fashion industry, has granted its employees 1.80 lakh equity shares through the Employee Stock Option Plan (ESOP). This follows the startup's announcement of a 66.3% increase in its consolidated net profit from INR 7.8 Cr to