FSN E-Commerce Ventures Ltd Clarifies Discussions Regarding 82°E Brand
FSN E-Commerce Ventures Ltd addressed a news item published on the website www.economictimes.com dated April 6, 2026, concerning talks between Nykaa and Deepika Padukone's skincare brand, 82°E.The Company stated that it continuously evaluates various strategic opportunities aimed at the growth and expansion of its business. In relation to this evaluation, FSN E-Commerce Ventures Ltd confirmed that it remains in discussions with concerned parties, including the entity mentioned in the news report. The Company indicated that it will issue appropriate announcements in compliance with applicable laws when the time is appropriate.
Furthermore, the company noted that it had filed its 'Nykaa - Quarterly Revenue Update - Q4 FY2026' on the same day at 9:27 am. This filing marks a regular update procedure conducted during the first week of a new quarter.
Regarding the subject matter cited in the news report, FSN E-Commerce Ventures Ltd confirmed that there are currently no pending legal or regulatory proceedings related to this topic.
NYKAA Stock Price Movement
At the close of trade, shares of FSN E-Commerce Ventures Limited are rallying by 2.59% to trade at ₹252.36. The stock navigated today between ₹243.31 and ₹255.5, underpinned by strong trading action with over 10.4 million shares passing through.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.