Nykaa reappoints Adwaita and Anchit Nayar for 5-year whole-time terms
NewsBytes | May 15, 2026 11:39 PM CST
Nykaa extends independent directors' terms
The board also extended the terms of independent directors Anita Ramachandran and Milind Sarwate to keep things stable at the top.
Adwaita heads Nykaa Fashion (and is eyeing a big stake in Deepika Padukone's 82°E skincare brand), while Anchit leads beauty e-commerce expansion.
Nykaa's profits nearly tripled in the third quarter of FY26 to ₹67.7 crore, revenue jumped 27%, and its stock price ticked up.
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