Nykaa shareholders approve re-appointment of directors for five-year terms

Nykaa shareholders have approved the re-appointment of four directors, including two Executive Directors and two Non-Executive Independent Directors, for terms of five years. The resolutions were passed via a postal ballot conducted through remote e-voting, which concluded on June 27, 2026. The approvals secure the leadership of Ms. Adwaita Nayar and Mr. Anchit Nayar as Executive Directors, while also extending the tenure of independent board members Mr. Milind Sarwate and Ms. Anita Ramachandran.

Voting Outcomes

The postal ballot process was managed by scrutinizer Mr. Vishwanath of M/s. Sharma and Trivedi LLP. The remote e-voting period commenced on May 29, 2026, and ended on June 27, 2026. A total of 3,94,815 shareholders were on record as of the cut-off date, May 22, 2026. The resolutions required both ordinary and special majorities, all of which were secured with significant support from the promoter group and public institutions.

Executive Director Re-appointments

Shareholders approved the re-appointment of Ms. Adwaita Nayar (DIN: 07931382) and Mr. Anchit Nayar (DIN: 08351358) as Whole-Time Directors designated as Executive Directors for a term of five years. The resolutions also authorized the payment of remuneration to both directors. For Ms. Adwaita Nayar, the resolution received 97.35% votes in favour, while Mr. Anchit Nayar's re-appointment secured 97.35% approval.

Independent Director Re-appointments

The re-appointment of Mr. Milind Sarwate (DIN: 00109854) as a Non-Executive Independent Director for a second consecutive term of five years was approved as a special resolution with 98.97% of valid votes in favour. Additionally, shareholders approved the re-appointment of Ms. Anita Ramachandran (DIN: 00118188) as a Non-Executive Independent Director for a second consecutive term of five years, along with approval for her continuation after attaining the age of 75 years. This resolution passed with 78.80% votes in favour.

Resolution Summary

Sr. No.	Resolution	Type	Votes in Favour	% of Valid Votes
1	Re-appointment of Ms. Adwaita Nayar as Executive Director	Ordinary	2,58,36,94,062	97.35%
2	Remuneration for Ms. Adwaita Nayar	Ordinary	2,64,85,23,610	99.80%
3	Re-appointment of Mr. Anchit Nayar as Executive Director	Ordinary	2,58,29,24,359	97.35%
4	Remuneration for Mr. Anchit Nayar	Ordinary	2,64,74,53,506	99.80%
5	Re-appointment of Mr. Milind Sarwate as Independent Director	Special	2,62,66,88,714	98.97%
6	Re-appointment of Ms. Anita Ramachandran as Independent Director	Special	2,08,96,04,870	78.80%

The detailed scrutinizer's report and voting results have been posted on the company's website and communicated to the National Stock Exchange of India Limited and BSE Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.38%	-0.14%	+7.75%	+35.32%	+52.51%	-10.80%

Nykaa has closed its trading window for designated persons effective Wednesday, June 24, 2026. The restriction will remain in force until 48 hours after the unaudited financial results for the quarter ending June 30, 2026 become generally available information. This step is part of the company's adherence to its Code of Conduct for Prevention of Insider Trading.

The closure prohibits designated persons from trading in the company's securities during the specified period to ensure confidentiality and prevent potential misuse of unpublished price-sensitive information. The intimation regarding the window closure has been formally communicated to all relevant designated persons within the organization.

Key Dates

Event	Date
Trading Window Closure	June 24, 2026
Quarter End	June 30, 2026
Window Reopens	48 hours after Q1FY26 results declaration

The company, listed on the National Stock Exchange of India Limited and BSE Limited under the symbol NYKAA, follows strict regulatory protocols to maintain market integrity. Dr. Chetan Sharma, Company Secretary and Compliance Officer, signed the disclosure on June 23, 2026.