Nykaa allots 90.5K shares under ESOP scheme

Quick Summary:

The allotted ESOP amounts to a total of Rs 1.49 crore based on the company’s opening price of Rs 165 apiece on NSE on Monday.

ESOPs serve as a form of compensation that enables companies to attract and retain top talent, while also providing employees the opportunity to increase their income as the company's value appreciates.

During the same period, its profits grew by 60% to nearly Rs 26 crore from Rs 16.

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Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Monday Crore Equity Allotted Esop Lakh Nykaa Policy Privacy Shares Company

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Article Type: News Report

Published On: 2025-02-25 @ 06:11:56 (11 hours ago)

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Language: English

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