Nykaa's parent company, FSN E-Commerce Ventures, has granted 4.73 lakh equity shares under its employee stock option plan (ESOP). The newly allotted shares were valued at nearly Rs 8.08 crore, based on the stock’s closing price of Rs 170.95 on the BSE on Friday. This move is part of Nykaa's strategy to reward and retain its employees through equity participation. Additionally, a brokerage firm has set a 12% higher target price for Nykaa shares.
Nykaa Allots Shares Worth Rs 8.08 Crore To Employees Under ESOP #nykaa #stockmarket #sharemarket https://t.co/i1WFPrpJHp
This brokerage firm sets 12% higher target price for #Nykaa shares @anshul91_m https://t.co/WZK38mMrRb
#Nykaa parent FSN E-Commerce Ventures has allotted 4.73 lakh equity #shares under its employee stock option plan.
#MarketsWithMC | #Nykaa parent FSN E-Commerce Ventures has allotted 4.73 lakh equity #shares under its employee stock option plan. Read here to know more ⏬ https://t.co/IPS1x4nL3h #ESOP #StockMarket #ECommerce
#Nykaa grants 4.73 lakh shares under Esop scheme https://t.co/WhYBCQ86xh
#Nykaa grants 4.73 lakh shares under Esop scheme On the #BSE Friday, the newly allotted #shares were valued at nearly Rs 8.08 crore, based on the stock’s closing price of Rs 170.95 @MyNykaa Read more at: https://t.co/uS7fmu7LZC