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NYKAA · FSN E-Commerce Ventures Limited · NSE · Filed 24 Sept · 1 min read

Nykaa Closes 51% Acquisition of Aminu Wellness, Making It a Subsidiary

FSN E-Commerce Ventures has completed its purchase of a majority stake in Aminu Wellness, which now becomes a subsidiary.

What was filed

FSN E-Commerce Ventures, the parent of Nykaa, told the exchanges it has completed its acquisition of a majority stake, on a fully diluted basis, in Aminu Wellness Private Limited. The company said all necessary transaction and procedural documents have been executed and the corresponding shares credited to its demat account. Aminu now becomes a subsidiary.

The filing refers back to an earlier intimation dated August 04, 2026, when the board approved the acquisition. This notice confirms the deal has now closed.

What the filing leaves out

The disclosure is a completion notice and is deliberately narrow. It does not state the consideration paid, the valuation, Aminu's financials, or the strategic rationale. It confirms only the size of the stake acquired and that Aminu is now a subsidiary.

Holders looking for the commercial terms will not find them here; this is a procedural confirmation that the previously approved transaction has been executed.

Stake acquired in Aminu Wellness
51% (fully diluted basis)

The completion brings Aminu Wellness onto Nykaa's consolidated books as a majority-owned subsidiary, which is relevant to how holders read future consolidated results, though the filing discloses neither the deal value nor Aminu's financials.

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