Nykaa parent FSN E-Commerce reappoints Adwaita and Anchit Nayar for new five year terms

Published on 15 May 2026

New five-year terms start in July 2026

FSN E-Commerce Ventures, Nykaa’s parent company, has cleared the reappointment of cofounder Adwaita Nayar and Anchit Nayar as whole-time directors for another five-year term starting July 1, 2026. Their current executive roles, held since July 2021, will run until June 30, 2031, subject to shareholder approval. The board also approved fresh five-year terms for independent directors Anita Ramachandran and Milind Sarwate, starting July 15, 2026, pending shareholder nods.

Adwaita Nayar and Anchit Nayar get renewed five-year executive terms
New terms run from July 1, 2026 to June 30, 2031
Independent directors Anita Ramachandran and Milind Sarwate get renewed terms
Their new independent terms begin July 15, 2026
All reappointments require shareholder approval before taking effect
Nykaa’s latest quarter saw net profit nearly triple to Rs 67.7 crore

#fsn e-commerce ventures #board approvals #directors #corporate governance #nykaa

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Nykaa parent FSN E-Commerce reappoints Adwaita and Anchit Nayar for new five year terms

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