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FSN E-Commerce Ventures Limited announced a Postal Ballot for the re-appointment of Ms. Adwaita Nayar and Mr. Anchit Nayar as Whole-Time Directors (Executive Directors) for five years, including their remuneration (Ms. Nayar's fixed at ₹3.5 Cr annually). Shareholders will also vote on re-appointing Mr. Milind Sarwate and Ms. Anita Ramachandran as Non-Executive Independent Directors for a second consecutive term of five years, with Ms. Ramachandran's continuation after age 75 also being sought. E-voting for these resolutions will commence on May 29, 2026, and conclude on June 27, 2026. The explanatory notes highlight strong past growth and contributions from these directors.

Management expressed confidence in sustaining growth momentum, driven by AI-led efficiencies, new customer acquisition, and expansion across verticals. The Beauty vertical is expected to continue its strong growth and profitability, supported by new brand launches and a doubled retail footprint to 313 stores. House of Nykaa brands anticipate high growth from existing strong brands and new incubations, aiming for a robust portfolio strategy. Nykaa Fashion expects continued positive EBITDA trajectory into FY27, focusing on high-quality customer acquisition and strategic brand partnerships. Overall profitability is projected to improve, with ROCE already at 21.2%. Nykaa plans to open 50-60 new stores annually, targeting ~500 in 3-4 years with a focus on Tier 2/3 cities, and will aggressively market its Nykaa Now rapid delivery service in FY27. Management remains cautious about global inflationary pressures but believes their 'small luxuries' category is resilient.

FSN E-Commerce Ventures Limited (NYKAA) announced on May 21, 2026, the availability of audio and video recordings for its Analyst / Investor Conference Call. The call discussed the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The recordings can be accessed on the company's website.