AI assistant
FSN E-Commerce Ventures Limited — Capital/Financing Update 2025
Apr 10, 2025
61209_rns_2025-04-10_c3d847c7-c052-472e-b7c8-8317c994f68e.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
FSN E - Commerce Ventures Limited
==> picture [122 x 39] intentionally omitted <==
April 10, 2025
National Stock Exchange of India Limited
Symbol: NYKAA
BSE Limited Scrip Code: 543384
Dear Sir / Madam,
Subject: Reaffirmation of Credit Rating by CRISIL (Crisil A/Stable) on enhanced Bank Loan Facilities
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please note that CRISIL Ratings (“CRISIL”) has reaffirmed the credit rating on enhanced value of the Bank Loan Facilities of the Company.
In this regard, please find below the ratings for the Bank Loan facilities of the Company:
| Total Bank Loan Facilities | Rs. 178 Crore (Enhanced from Rs. 135 Crores) |
|---|---|
| Long-Term Rating | Crisil A/Stable (Reaffirmed) |
The detailed rating rational can be accessed from the website of CRISIL at the link: https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/FSNE_CommerceVentur esLimited_April%2009_%202025_RR_366793.html
As per the CRISIL report, “ The above rating reflects the Company’s strong business risk profile, backed by its established market position in the e-commerce beauty products segment, diverse product range across categories, long relationships with reputed principals, omni-channel presence, and prudent risk management policies. The ratings also factor Company’s strong financial risk profile marked by comfortable capital structure and adequate debt protection metrics. These strengths are partially offset by its exposure to intensifying competition, working capital intensity, and yet to stabilize distribution and fashion e-commerce businesses.”
The above information will also be available on the website of the Company at www.nykaa.com.
We request you to take the same on records.
Thanking You,
Yours faithfully, For FSN E-Commerce Ventures Limited
NEELABJA Digitally signed by NEELABJA CHAKRABARTY CHAKRABARTY Date: 2025.04.10 16:57:01 +05'30'
Neelabja Chakrabarty Company Secretary & Compliance Officer
Registered Office: 104 Vasan Udyog Bhavan | Sun Mill Compound | S. B. Marg | Tulsi Pipe Road | Lower Parel (W) | Mumbai – 400013 Website: www.nykaa.com | Phone: +91 22 6838 9616 | Email – [email protected] CIN: L52600MH2012PLC230136