FSN E-Commerce Ventures Limited ( nykaa ) will convene its 14th Annual General Meeting (AGM) on Tuesday, August 25, 2026, at 10:30 a.m. (IST) through Video Conferencing or Other Audio Visual Means. The meeting, held in compliance with the Companies Act, 2013 and SEBI Listing Regulations, aims to adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, shareholders will vote on the re-appointment of two retiring directors and the appointment of a new statutory audit firm, marking a significant governance transition for the beauty and fashion e-commerce platform.

The Board of Directors has recommended the appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants, as the Statutory Auditors of the Company for a term of five consecutive years. This term will commence from the conclusion of the 14th AGM and extend until the conclusion of the 19th AGM in the calendar year 2031. The proposed remuneration for audit services for FY27 is ₹0.80 Crores, excluding administrative expenses and applicable taxes. This represents no material change compared to the remuneration paid to the retiring auditors, M/s. S.R. Batliboi & Associates LLP, who complete their second five-year term at this meeting.

Two Non-Executive (Non-Independent) Directors are retiring by rotation and seeking re-appointment: Mr. Sanjay Nayar and Mr. Milan Khakhar. Mr. Nayar, who holds 60,20,84,620 equity shares through the Sanjay Nayar Family Trust, has waived his sitting fees and commission. Mr. Khakhar has similarly waived his commission and other expenses. Both directors have attended at least 75% of Board meetings over the past three years, with Mr. Khakhar attending all six meetings in FY26.

Shareholders holding shares as of the cut-off date, Tuesday, August 18, 2026, are eligible to vote. Remote e-voting will be available from Friday, August 21, 2026, at 09:00 a.m. (IST) until Monday, August 24, 2026, at 05:00 p.m. (IST). Members are advised to register their queries by Thursday, August 20, 2026, at 05:00 p.m. (IST), to have them addressed during the meeting. The facility for appointment of proxies is not available for this virtual meeting.

Governance and Compliance

The meeting adheres to Ministry of Corporate Affairs circulars permitting virtual gatherings. The deemed venue is the Company’s Registered Office in Mumbai. Institutional members must submit certified board resolutions authorizing representatives to vote. The Scrutinizer for the voting process is Mr. Sachin Sharma or Mr. Vishwanath of M/s. Sharma and Trivedi LLP. Results will be announced within two working days of the AGM’s conclusion. Members are also reminded to dematerialize physical shares and link PAN with Aadhaar as per SEBI mandates.

Ankit Jain, the ex-COO of Instamart, the quick commerce arm of Swiggy, has joined nykaa , as reported by NDTV Profit. The development signals a significant leadership addition to the beauty and lifestyle platform.

Leadership Addition

Jain brings with him experience from his tenure as Chief Operating Officer at Instamart, Swiggy's quick commerce vertical. His appointment at Nykaa has been noted as a key executive move in the Indian consumer and e-commerce space.

No additional details regarding Jain's specific designation, responsibilities, or reporting structure at Nykaa have been provided in the available source data.