Loan & Debt12 Aug 2026, 07:50 pm
Nykaa Subsidiary Completes Redemption of NCDs
AI Summary
FSN E-Commerce Ventures Ltd announced that its wholly owned subsidiary, Nykaa E-Retail Limited, has successfully completed the full redemption of its issued Unlisted, Unsecured, Unrated, Redeemable, Non-Convertible Debentures (NCDs). This action aligns with the pre-agreed terms and follows a previous intimation dated July 22, 2024. The company has informed the stock exchanges as per SEBI regulations.
Key Highlights
- Nykaa E-Retail Limited has fully redeemed its NCDs.
- The redemption was completed as per pre-agreed terms.
- This action is a fulfillment of prior commitments.
- The subsidiary's debt obligations are being settled.
Price Impact
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