FSN E-Commerce Ventures, the parent company of Nykaa, has announced the re-appointment of Ms. Falguni Nayar as Executive Chairperson, Managing Director, and Chief Executive Officer for another term of five years. The re-appointment is effective from February 12, 2026, until February 11, 2031, and is subject to the approval of the company’s members. Nayar founded Nykaa in 2012 and has led it to become a leading beauty and lifestyle platform.
Leadership Continuity
FSN E-Commerce Ventures Limited (Nykaa) has approved the re-appointment of Ms. Falguni Nayar as Executive Chairperson, Managing Director, and Chief Executive Officer. The decision was made based on the recommendation of the Nomination and Remuneration Committee.
Terms of Re-appointment
Ms. Nayar’s new term will be for five years, commencing on February 12, 2026 and concluding on February 11, 2031. This appointment is subject to the approval of the Members of the Company.
About Falguni Nayar
Falguni Nayar founded Nykaa in 2012 with the vision of building a multi-brand omni-channel beauty-focused retail business. Under her leadership, Nykaa has become India’s leading beauty retailer and has been recognized as one of Time’s 100 Most Influential Companies.
Before founding Nykaa, Falguni Nayar spent nearly two decades as one of India’s leading investment bankers with the Kotak Mahindra group.
Source: BSE
