CONTROVERSIA

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Beauté, bien-être, mode et commerce en ligne et en magasins

FSN E-Commerce Ventures

Fiche documentée couvrant 11 controverses, dont « Création de Nykaa par Falguni Nayar » et « Développement d’une offre beauté omnicanale ».

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Profile No. 4579 · Updated on 25 September 2026

11Documented controversies
5Sources
0Formal charge · all time
0Conviction

§ Legal statuses reflect the documented sources as of the date shown; they replace neither court decisions nor the presumption of innocence. Counts are not a rating. Methodology

I. Documented controversies

01

2025–2026

Montée à 100 % dans Nudge Wellness

No legal proceedings

Not yet available in English — French original shown.

Le conseil autorise en août 2025 le rachat de la participation restante de 40 % dans Nudge Wellness ; la transaction est finalisée et Nykaa annonce détenir la totalité du capital.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    Stock exchange filings as reproduced by TrendlyneFSN E-commerce results notes FY2026High reliability
  2. [2]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability

Last verified: 23 September 2026

02

2026-03

Dot & Key détenu à 90,06 %

No legal proceedings

Not yet available in English — French original shown.

Après un achat supplémentaire réalisé en mars 2026, la participation de FSN dans Dot & Key atteint 90,06 %, selon les résultats et le rapport FY2026.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability
  2. [2]
    Stock exchange filings as reproduced by TrendlyneFSN E-commerce results notes FY2026High reliability

Last verified: 23 September 2026

03

2026

Renforcement à environ 75,83 % d’Earth Rhythm

No legal proceedings

Not yet available in English — French original shown.

Le rapport FY2026 indique que FSN contrôle environ 75,83 % d’Earth Rhythm sur une base convertie après plusieurs tranches d’investissement.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 1

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability

Last verified: 23 September 2026

04

2026

Publication des résultats annuels FY2026

No legal proceedings

Not yet available in English — French original shown.

FSN publie son rapport intégré FY2026 et des résultats consolidés faisant état de 10 022,35 crores INR de revenus d’exploitation pour l’exercice clos le 31 mars 2026.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 1

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability

Last verified: 23 September 2026

05

2025

Réorganisation de filiales approuvée par le NCLT

Status not specified

Not yet available in English — French original shown.

En mai 2025, le NCLT approuve notamment la fusion d’Iluminar Media dans Nykaa Fashion et un schéma de réorganisation entre filiales de distribution et de vente.

Legal status — source text
approved

Sources · 2

  1. [1]
    National Stock Exchange of IndiaFSN consolidated results and acquisition note March 2025Very high reliability
  2. [2]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability

Last verified: 23 September 2026

06

2024

Renforcement de la participation dans Earth Rhythm

No legal proceedings

Not yet available in English — French original shown.

Au cours du trimestre terminé le 31 décembre 2024, Nykaa acquiert une participation supplémentaire dans Earth Rhythm ; ses documents indiquent alors 74,63 % de droits économiques en tenant compte des instruments convertibles.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 1

  1. [1]
    National Stock Exchange of IndiaFSN consolidated results and acquisition note March 2025Very high reliability

Last verified: 23 September 2026

07

2022

Participation initiale dans Earth Rhythm et acquisition de Kica

No legal proceedings

Not yet available in English — French original shown.

Nykaa annonce une prise de participation minoritaire dans Earth Rhythm et l’acquisition de la marque d’habillement sportif Kica, étoffant beauté et mode.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 1

  1. [1]
    FSN E-Commerce Ventures LimitedNykaa press release on FY2022 and brands acquiredHigh reliability

Last verified: 23 September 2026

08

2012–2021

Développement d’une offre beauté omnicanale

No legal proceedings

Not yet available in English — French original shown.

Nykaa élargit son offre et ouvre des implantations physiques parallèlement au commerce en ligne, avant son introduction en bourse.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability
  2. [2]
    FSN E-Commerce Ventures LimitedNykaa Investor RelationsVery high reliability

Last verified: 23 September 2026

09

2021-09

Acquisition initiale de 51 % de Dot & Key

No legal proceedings

Not yet available in English — French original shown.

FSN acquiert 51 % de Dot & Key Wellness en septembre 2021, première prise de contrôle significative d’une marque D2C de soins par Nykaa.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    FSN E-Commerce Ventures LimitedNykaa press release on FY2022 and brands acquiredHigh reliability
  2. [2]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability

Last verified: 23 September 2026

10

2021

Introduction de Nykaa sur les bourses indiennes

No legal proceedings

Not yet available in English — French original shown.

FSN E-Commerce Ventures devient une société cotée en 2021 sur les marchés indiens, avec le symbole NYKAA.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability
  2. [2]
    FSN E-Commerce Ventures LimitedNykaa Investor RelationsVery high reliability

Last verified: 23 September 2026

11

2012

Création de Nykaa par Falguni Nayar

No legal proceedings

Not yet available in English — French original shown.

Falguni Nayar crée Nykaa en 2012, à l’origine comme plateforme de beauté et soins, sous l’entité devenue FSN E-Commerce Ventures.

Legal status — source text
Not applicable
Attribution
Directly implicated

Sources · 2

  1. [1]
    FSN E-Commerce Ventures / stock exchange report mirrorFSN E-Commerce Ventures Integrated Annual Report FY2025–26Very high reliability
  2. [2]
    FSN E-Commerce Ventures LimitedNykaa Investor RelationsVery high reliability

Last verified: 23 September 2026

II. Constellation of documented links

Each link refers to an imported relation or to a documented mention in a profile. A documented mention does not, on its own, prove a personal relationship.

List of documented links
  1. Falguni Nayar3 references
    • Mentioned in “Création de Nykaa par Falguni Nayar” — FSN E-Commerce Ventures's profile cites Falguni Nayar.
    • Cross-mention: “Non-conformité à la Section 139 du Companies Act : compounding et frais personnels payés par Falguni Nayar” — Falguni Nayar's profile cites FSN E-Commerce Ventures.
    • Cross-mention: “Retard de 238 jours dans la nomination d'un company secretary : non-conformité composée en 2021” — Falguni Nayar's profile cites FSN E-Commerce Ventures.
  2. Mars2 references
    • Mentioned in “Dot & Key détenu à 90,06 %” — FSN E-Commerce Ventures's profile cites Mars.
    • Mentioned in “Publication des résultats annuels FY2026” — FSN E-Commerce Ventures's profile cites Mars.

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