Nykaa Trend CEO Nihir Parikh has resigned and been relieved with fast impact, a regulatory submitting stated on Thursday.
Nykaa Trend is the style vertical of FSN E-commerce Ventures Ltd.
“Nihir Parikh has resigned efficient December 5, 2024 attributable to private commitments. He has been relieved of companies efficient shut of enterprise hours on December 5, 2024,” FSN E-commerce Ventures stated within the submitting. .
The style sector accounts for lower than 10 % of the corporate's income.
The corporate's magnificence section accounts for almost all of income. Nykaa Trend stays a loss-making sector.
The corporate has obtained a consolidated internet revenue of $12.97 crores and earnings of $1,874 crore for September 2024 quarter.