FSN E-Commerce Ventures Ltd. which owns brand Nykaa, the very popular beauty and personal care products has revised the record date for issuance of bonus shares. The company earlier on 3rd October 2022 announced issuance of bonus shares in the ratio of 5:1 . Now the company has announced that 11th November 2022 is the new revised record date for bonus shares. The company largely engages in the manufacturing and distribution business of beauty-personal care-health care-skin care-hair care products, fashion garments & accessories, wellness/ fitness products and other equipments.
Nykaa share was listed on the exchanges on 10th November 2021 and stock hit 52 week high of 2574. However, the stock has corrected much from its listing price as well as its all time high. Now the stock has closed at 983 in the last trading session. The stock has fallen 55% in the last one year, almost 42% in the last six months.
