November 27, 2022

Analysts elevate concern over Nykaa’s ‘unethical’ bonus plan

Analysts raise concern over Nykaas ‘unethical bonus plan

Analysts raise concern over Nykaas ‘unethical bonus plan

Nykaa’s 5:1 bonus challenge that averted a steep inventory worth fall is now being criticised as an ‘unfriendly’ transfer for the corporate’s present traders who bought shares final 12 months through the IPO. Specialists are of the view that because of the bonus challenge, these holding the shares for the previous one 12 months are observing the next tax outgo.

Nykaa, which works by the listed title of FSN E-commerce Ventures, introduced the fats bonus challenge because it wished to discourage sure massive traders from promoting shares…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *