FSN E-Commerce Ventures Limited has issued an official clarification to BSE Limited regarding media reports about its acquisition discussions with 82°E, the skincare brand founded by Bollywood actress Deepika Padukone. The clarification came in response to a BSE query dated April 6, 2026, addressing news reports that appeared on Economic Times.

Official Company Response

In its regulatory filing, Nykaa confirmed that the company continuously evaluates various strategic opportunities for business growth and expansion. The company stated that it remains in discussions with concerned parties, including the entity referenced in the media reports.

Key Clarifications Provided

The company outlined three main points in its clarification. First, Nykaa acknowledged its ongoing evaluation of strategic opportunities and confirmed discussions with relevant parties, including those mentioned in the media reports. The company assured that appropriate disclosures will be made in compliance with applicable laws when required.

Second, the company noted that it had filed its quarterly revenue update for Q4 FY2026 earlier the same day at 9:27 am, which represents a regular filing during the first week of each quarter. Third, Nykaa confirmed that there are currently no pending legal or regulatory proceedings related to the subject matter.

Strategic Business Approach

The clarification reflects Nykaa's systematic approach to business expansion and regulatory compliance. By acknowledging ongoing strategic discussions while maintaining transparency about the preliminary nature of such talks, the company demonstrates its commitment to proper disclosure practices.

Regulatory Compliance

The filing was signed by Dr. Chetan Sharma, Company Secretary & Compliance Officer, emphasizing the company's adherence to regulatory requirements under Regulation 30. This response showcases Nykaa's proactive approach to addressing market queries and maintaining transparent communication with stakeholders.

Nykaa has completed its quarterly regulatory compliance by submitting the required certificate under SEBI regulations for the quarter ended March 31, 2026. The submission, made on April 03, 2026, fulfills the company's obligation under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The compliance certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the Registrar and Share Transfer Agent for FSN E-Commerce Ventures Limited. The certificate was dated April 01, 2026, and confirms the company's adherence to prescribed dematerialisation procedures.

Certificate Confirmation

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. The registrar verified that:

• Securities received for dematerialisation were confirmed or rejected to depositories as required
• Security certificates were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners
• All securities are listed on stock exchanges where previously issued securities are traded

Filing Process

Dr. Chetan Sharma, Company Secretary and Compliance Officer of FSN E-Commerce Ventures Limited, signed and submitted the certificate to both National Stock Exchange of India Limited and BSE Limited. The document was also copied to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory notification.

About the Registrar

MUFG Intime India Private Limited operates from its registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming the company's compliance status for the reporting period.

This quarterly compliance certificate represents a routine regulatory requirement for listed companies, ensuring transparency and proper handling of securities transactions through the depository system.