Shares of FSN E-Commerce Ventures Ltd, that runs online fashion marketplace Nykaa, started trading ex-bonus on Thursday, a day ahead of its record date for the bonus issue of equity shares in the ratio of 1:5. Last month, Nykaa announced that its board approved the issuance of bonus equity shares of the company in the ratio of 1:5 i.e., the …
After the shares have been allotted, investors who were deemed ineligible will get their refunds on 9 November and on 10 November, the equity shares will be credited to the demat accounts of the investors The Initial Public Offering of Nykaa is expected to be finalised today, 8 November. The IPO of Nykaa’s parent company, FSN E-Commerce Ventures Ltd, was …
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