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.
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