Nykaa has approved the issuance of bonus equity shares of the company in the ratio of 1:5 i.e., the company will issue bonus of 5 shares for every 1 share held as on the record date.
The company has fixed Thursday, November 03, 2022, as the record date for the purpose of determining members eligible for Bonus equity shares. The estimated date by which such bonus shares would be credited/dispatched would be within two months from the date of board approval i.e., on or before December 02, 2022.