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.
Zee Entertainment Enterprises has filed a Delhi High Court suit against Nykaa, alleging the beauty ecommerce firm used Zee’s copyrighted Hindi songs in Instagram reels to promote products without proper permission. Zee argues Meta licensing covered only non commercial use, while Nykaa’s promotional content targeted its follower base. The company seeks ₹2 crore in damages, with the next hearing set for May 26.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Zee Entertainment has sued Nykaa, alleging the beauty retailer used Zee’s copyrighted songs in Instagram reels to promote products. Zee is seeking damages worth $210,000. Nykaa’s lawyer told the court that the disputed links have been removed, and the matter has been scheduled for further hearing on May 26.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
