On November 10 2022, Nykaa will start trading ex-bonus after its record date for the bonus issue of equity shares in the ratio of 1:5.

In October, Nykaa announced that by issuing bonus equity shares of the company in the ratio of 1:5, the company would issue a bonus of 5 shares for every share held as of the record date. After that, the BOD of the company revised the record date for its bonus issue from November 03 to November 11, 2022.

The bonus shares will be issued from the Securities Premium Account available as on March 31, 2022. Additional shares issued by a company to its existing shareholders as fully paid. Moreover, the actual number of bonus equity shares to be issued and post-bonus issued share capital will be determined based on the paid-up share capital as on the record date.

“We hereby inform that the Board, at its Meeting held on October 03, 2022, inter alia, has approved the bonus issue of equity shares in the proportion of 5 (Five) fully paid-up equity shares of Re 1/- each for every 1 (One) fully paid-up equity shares of Re 1/- each held by the shareholders of the company as on the record date, subject to shareholders’ approval by way of postal ballot,” Nykaa had informed in an exchange filing.

On a consolidated basis, the net profit of Nykaa at Rs 5.19 crore in the second quarter of FY23 compared to Rs 1.17 crore in Q2FY22. The Gross Merchandise Value (GMV) of Nykaa grew 45 per cent yearly to Rs 2,345.7 crore in the second quarter of FY23.