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Informative

Nykaa allots 90.5K shares under ESOP scheme

Update / Judgement Date

25 Feb 2025

Source

YourStory

Author

Team — WCP Legal Desk

Reading Time

1 min read

Financial ManagementLabour Laws

Falguni Nayar's Nykaa has allotted 905k shares under its ESOP scheme. This allotment highlights Nykaa's efforts to incentivize employees. It underscores the importance of employee stock ownership plans. This move reflects Nykaa's commitment to rewarding its workforce. It emphasizes the need for talent retention. The ESOP allotment aims to motivate employees.