- High net worth individuals (HNIs), many of whom own stock in the company, are thought to be long-term investors, according to Nykaa CEO Falguni Nayar.
- She claimed that the business didn’t know if its pre-IPO investors would keep or sell their holdings.
- The announcement is made ahead of the November 10 expiration of the lock-in period for 16.48 billion pre-IPO investor shares in Nykaa.
HNIs frequently invest for the long term: Nykaa CEO as lock-in nears conclusion
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