Nykaa has completed the acquisition of a 51% shareholding in Aminu Wellness Private Limited, establishing the wellness firm as a subsidiary. The transaction was finalized on September 24, 2026, following board approval earlier this year.

The company confirmed that all necessary transaction and procedural documents have been executed. Consequently, the corresponding shares have been duly credited to Nykaa's demat account, completing the transfer of ownership on a fully diluted basis.

Transaction Timeline

The acquisition process began with an initial intimation on August 4, 2026, when the Board of Directors approved the proposal to acquire the majority stake in Aminu. The completion of the deal marks the final step in this strategic expansion into the wellness sector.

Regulatory Disclosure

This development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing serves as a formal record of the change in control for Aminu Wellness Private Limited.

Nykaa has completed the acquisition of an additional 24.2% equity stake in Earth Rhythm Private Limited, a subsidiary of the company. The transaction was finalized on September 5, 2026.

The Board of Directors of FSN E-Commerce Ventures Limited had approved the further increase in shareholding not exceeding 24.2% in Earth Rhythm during its meeting on May 21, 2026. The company disclosed the completion under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transaction Details

The company confirmed that all necessary transaction and procedural documents for the shareholding increase have been executed. The corresponding equity shares have been credited to the company's demat account.

This move consolidates Nykaa's control over Earth Rhythm, which operates within the beauty and personal care sector. The disclosure was signed by Dr. Chetan Sharma, Company Secretary & Compliance Officer.