Nykaa Allots Equity Shares Worth INR 12 Cr To Employees

The beauty and personal care major allotted 4.9 Lakh shares to its employees

Nykaa’s shares touched a fresh 52-week high of INR 236.80 during intra-day today

The company also announced the international expansion of its owned brand Kay Beauty earlier today

Amid a rally for its stock, beauty and personal care (BPC) major Nykaa has allotted 4.9 Lakh shares to its employees. The allotted shares are worth INR 11.6 Cr as per Nykaa’s closing price for today, INR 234.20.

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