Nykaa stock split

FSN E-Commerce, the online and offline fashion and lifestyle company founded by former investment banker Falguni Nayyar, has come up with the first big idea to impress its shareholders. The company, nykaa stock split, which is better nykaa stock split in the market by its brand name Nykaa, has declared a bonus in the ratio of In other words, shareholders of Nykaa will get 5 shares for every 1 share held.

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Nykaa stock split

According to an exchange filing by FSN E-Commerce Ventures, the parent company of Nykaa, the company's board has revised the record date for determining the eligibility of the shareholders who would receive the benefit of the corporate action. The company had on October 3 approved the issuance of bonus shares to its existing shareholders in the ratio of It means that Nykaa shareholders will get 5 bonus shares for every one share. The company had declared that the record date for the Nykaa bonus share would be November 3. But the e-commerce company which sells beauty, wellness and fashion products has now postponed the record date by a week. The new record date for the Nykaa bonus share is November 11, according to the filing. Nykaa was founded by Falguni Nayar in Nykaa IPO was subscribed Nykaa share price has tanked around 40 per cent in the past 6 months and 16 per cent in one month. Post listing, the stock hit a record high of Rs

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Nykaa on Monday announced that its board at its meet held today has approved the issuance of bonus equity shares of the company in the ratio of i. The company said that the issuance of bonus shares will be out of Securities Premium Account available as on March 31, Bonus shares are fully paid additional shares issued by a company to its existing shareholders. The actual number of bonus equity shares to be issued and post bonus issue share capital will be determined based on the paid-up share capital as on the record date, the company added. Further, the company has fixed Thursday, November 03, , as the record date for the purpose of determining members eligible for Bonus equity shares. Founded in by former investment banker Falguni Nayar, the company has a diverse portfolio of beauty, personnel care and fashion products, including its owned manufactured brand products under its two business verticals, Nykaa and Nykaa Fashion. Milestone Alert!

Shares of Nykaa are in focus after the company announced a bonus share issue. The stock is under selling pressure after the bonus shares were listed on the exchanges. Bonus shares are additional shares given to the current shareholders. Nykaa announced a bonus issue in the ratio of This means that Nykaa shareholders will get 5 bonus shares for every one share they hold. When the share price of a company is too high, it becomes difficult for new investors to buy shares of that particular company. Companies issue bonus shares to encourage retail participation. A stock split happens when the shares are divided into two or more, as per the split ratio.

Nykaa stock split

Nykaa on Monday announced that its board at its meet held today has approved the issuance of bonus equity shares of the company in the ratio of i. The company said that the issuance of bonus shares will be out of Securities Premium Account available as on March 31, Bonus shares are fully paid additional shares issued by a company to its existing shareholders. The actual number of bonus equity shares to be issued and post bonus issue share capital will be determined based on the paid-up share capital as on the record date, the company added. Further, the company has fixed Thursday, November 03, , as the record date for the purpose of determining members eligible for Bonus equity shares. Founded in by former investment banker Falguni Nayar, the company has a diverse portfolio of beauty, personnel care and fashion products, including its owned manufactured brand products under its two business verticals, Nykaa and Nykaa Fashion. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now!

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In other words, shareholders of Nykaa will get 5 shares for every 1 share held. Of course the bonus move would be value neutral to the shareholders, but more on that later. From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! New buy calls. New superstar addition: Sunil Singhania's Abakkus. MFs for long term growth. Open Free Demat Account. Mobile No. Portfolio Dividends. Choose your reason below and click on the Report button. Last 2 days results. Will the bonus add value to Nykaa shareholders? From 02nd November, the stock of Nykaa will trade ex-bonus i.

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Thank you for rating! Futures and Options. Your Reason has been Reported to the admin. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. Results Analysis. From 02nd November, the stock of Nykaa will trade ex-bonus i. Stock Reports Plus New. Stocks Stock Liveblog. New buy calls. Choose your reason below and click on the Report button. Nykaa's board has approved bonus issue of 5 shares for every 1 share held. It seems like you're already an ETPrime member with Login using your ET Prime credentials to enjoy all member benefits Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Login Now. Avail Offer.