Nykaa soars 6% as company's board to consider maiden bonus issue on Oct 3

However, in the past six months, the has stock shed 17 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.

Shares of FSN E-commerce, which operates under Nykaa brand, soared 6 per cent to Rs 1,350 on the BSE in Thursday’s intra-day trade after the company said its board will meet on October 3 to consider a maiden bonus issue.

The board meeting of the company will be held on October 03, 2022, inter-alia, to consider and approve the issuance of bonus shares to the equity shareholders of the company and seeking shareholders' approval by way of postal ballot and such other approval(s), for the same, Nykaa said in an exchange filing on Wednesday after market hours.

Nykaa