Nykaa Completes 51% Acquisition Of Aminu Wellness, Making It A Subsidiary
Mumbai: FSN E-Commerce Ventures Limited , which operates under the brand Nykaa, on Thursday announced the completion of its 51% acquisition of Aminu Wellness Private Limited. This transaction was previously approved by Nykaa's Board of Directors on August 04, 2026. Transaction Details The company has successfully executed all necessary transaction and procedural documents for the acquisition. The…
Mumbai-based online retailer Nykaa has finalized its 51% acquisition of Aminu Wellness Private Limited, elevating Aminu Wellness to become a subsidiary within the Nykaa group, according to a press release. The acquisition, which was previously approved by Nykaa's Board of Directors on August 4, 2026, has now been fully executed, with all required transaction and procedural documents finalized.
The corresponding shares have been credited to Nykaa's demat account. This strategic move is expected to bolster Nykaa's growth trajectory, as evidenced by a remarkable 226% increase in net profit to ₹79.76 crore and a 29% rise in revenue during the first quarter of FY27.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
