Nykaa fixes Nov 11 as revised date for bonus share issue

The company earlier in October approved issuance of 5:1 bonus share issue i.e. 5 fully paid-up equity shares of Re 1 each for every 1 fully paid-up equity shares of Re 1 each held by the shareholder of the company as on the record date, earlier fixed on November 3.In the previous session, the stock hit a 52-week low of Rs 975 per share. After a superb listing in November last year, the stock, ahead of the expiry of the mandatory anchor investor lock-in period, is seeing heavy sell-off.