FSN E-Commerce Ventures Limited
Code: NYKAA | Category: Demerger
Type: Scheme of Arrangement
Event Details
| Announcement Date: | May 10, 2025 |
|---|
Demerger Information
| Resulting Entity: | Nykaa E-Retail Limited |
|---|---|
| Demerged Business: | e-B2B business |
| Listing Exchange: | BOTH |
| Appointed Date: | 2024-04-01 |
| Effective Date: | 2025-06-01 |
| Board Approval: | 2024-02-06 |
| NCLT Approval: | 2025-05-09 |
| Status: | Nclt_approved |
Rationale
bringing in operational synergies by streamlining business operations and placing them with the entity that carries the relevant expertise
Document
View PDF https://nsearchives.nseindia.com/corporate/NYKAA_10052025161554_SEintimationonapprovalofSchemeofDemergeSigned.pdfDocument
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