FSN E-Commerce Ventures Limited, widely known as nykaa , has appointed M/s. Walker Chandiok & Co LLP as its Statutory Auditors for a five-year term, marking a significant change in its external audit function. The Board of Directors approved the appointment on July 23, 2026, based on the recommendation of the Audit Committee, subject to final approval by the company’s members at the upcoming Annual General Meeting.

The appointment is governed by Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. M/s. Walker Chandiok & Co LLP (ICAI Firm Registration No. 001076N/N500013) will hold office from the conclusion of the 14th Annual General Meeting (AGM) until the conclusion of the 19th AGM.

Transition from Outgoing Auditor

M/s. S.R. Batliboi & Associates LLP (ICAI Firm Registration No. 101049W/E300004), the current Statutory Auditor, will continue to undertake the audit of the company until the conclusion of the 14th AGM. This period marks the completion of their term. The transition ensures continuity in audit coverage while facilitating the handover to the newly appointed firm.

Profile of New Statutory Auditor

M/s. Walker Chandiok & Co LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). Established in 1935, the firm is also registered with the Public Company Accounting Oversight Board (PCAOB) and empaneled with the Comptroller and Auditor General of India (CAG).

The firm maintains its registered office in New Delhi and operates nineteen other offices across major cities in India. It comprises ninety-seven partners and holds a valid peer review certificate. Walker Chandiok & Co LLP provides audit and assurance services to several large companies, including some of the top one hundred listed entities in India.

Key Details of Appointment

The Board meeting commenced at 05:38 p.m. and concluded at 06:00 p.m. (IST). Dr. Chetan Sharma, Company Secretary & Compliance Officer, signed the disclosure filed with the National Stock Exchange of India Limited and BSE Limited.

Nykaa witnessed significant block trade activity across both major exchanges, with large transactions executed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The combined value of the two block trades stood at approximately ₹104.63 crore.

Block Trade Details

The following table summarises the key parameters of both block trades:

On the NSE, approximately 908853 shares changed hands at a price of ₹328.2 per share, aggregating to a total transaction value of ₹29.83 crore. On the BSE, a separate block trade involving approximately 2294621 shares was executed at ₹326 per share, amounting to ₹74.8 crore.

Block trades of this nature typically involve institutional participants and are executed outside the regular order book to minimise market impact. The identities of the buyers and sellers involved in these transactions have not been disclosed in the available data.