3 hrs ago
Nykaa Completes 51% Acquisition of Aminu Wellness
Nykaa has bought 51% of another company called Aminu Wellness.
Nykaa is operated by FSN E-Commerce Ventures Limited.
Because Nykaa now owns more than half of Aminu Wellness, Aminu has become its subsidiary.
The companies completed the paperwork needed for the deal.
The shares were placed in Nykaa’s demat account.
Nykaa’s board had approved the purchase on August 4, 2026.
The company said the transaction supports its growth strategy.
The information came from company exchange filings.
FSN E-Commerce Ventures Limited, operating under the Nykaa brand, completed its 51% acquisition of Aminu Wellness Private Limited.
The acquisition makes Aminu Wellness a subsidiary of FSN E-Commerce Ventures Limited.
Nykaa completed all required transaction and procedural documents for the deal.
The acquired shares were credited to Nykaa’s demat account.
Nykaa’s Board of Directors had approved the 51% acquisition on a fully diluted basis on August 4, 2026.
- Who
- FSN E-Commerce Ventures Limited, which operates under the Nykaa brand, and Aminu Wellness Private Limited.
- What
- FSN E-Commerce Ventures completed the acquisition of a 51% stake in Aminu Wellness, making it a subsidiary.
- Where
- The announcement identified Mumbai as the filing location.
- When
- The completion was announced on Thursday; the board had approved the transaction on August 4, 2026.
- Why
- The transaction aligns with Nykaa’s growth strategy.
Key facts
- Acquirer
- FSN E-Commerce Ventures Limited, operator of Nykaa
- Target
- Aminu Wellness Private Limited
- Ownership acquired
- 51% on a fully diluted basis
- Transaction status
- Completed
- Result
- Aminu Wellness became a subsidiary of FSN E-Commerce Ventures Limited
- Board approval
- August 4, 2026
- Share transfer
- The shares were credited to Nykaa’s demat account
Sources
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