FSN E-Commerce Ventures Limited (Nykaa) announced the outcome of its postal ballot, wherein shareholders approved the appointment of Mr. Dipak Gupta (DIN: 00004771) as a Non-Executive, Independent Director for a term of 5 years. The approval was granted with the requisite majority on Friday, December 26, 2025, which was the last date for e-voting. The company had initiated the postal ballot process following a notice dated November 7, 2025. The e-voting period commenced on November 27, 2025, and concluded on December 26, 2025. The scrutinizer's report, issued by Mr. Vishwanath of Sharma and Trivedi LLP, confirmed that the resolution was passed with an overwhelming majority. Out of the total valid votes, 99.81% were in favour of Mr. Gupta's appointment, while only 0.19% were against it. The voting results and the scrutinizer's report are available on Nykaa's investor relations website. This appointment is effective from December 26, 2025.