Nykaa Gets NCLT Approval for Merger of Iluminar Media into Nykaa Fashion

FSN E-Commerce Ventures Ltd., parent entity of Nykaa, has received the National Company Law Tribunal (NCLT) approval for the merger of Iluminar Media Private Limited into Nykaa Fashion. The strategic intent behind this move is to simplify operations, amplify brand synergy, and fortify Nykaa's position in the fashion and lifestyle space.

 

1. Merger Approval and Strategic Intent

2. Restructuring to Drive Growth

3. Market Impact and Future Prospects

Nykaa continues to grow its fashion, beauty, and lifestyle portfolio, solidifying its leadership in the e-commerce market.

 

Sources: Economic Times, Market Screener