Nykaa's Falguni Nayar ceases to be Dabur's non-exec independent director
Falguni Nayar completed her second term on July 27, 2024
Falguni Nayar, the Non-Executive Independent Director of Dabur, has completed her second term with the company as of July 27, 2024, and consequently has ceased to be a Director of the company effective w.e.f. today, i.e. July 28, 2024. Dabur said this in a BSE filing. Falguni Nayar is Nykaa’s founder and CEO.
“The Board of Directors and the Management of the Company express their deep appreciation and gratitude for her valuable contribution in guiding the Company to achieve its vision and business plan,” the filing further noted.
Nayar founded Nykaa in April 2012, prior to which she was the Managing Director of Kotak Investment Banking for over 4 years. She had a 13 year long stint with Kotak Securities where she had joined as the Head of International Business in 1994 and became the Director and Head of Institutional Equities Business by 2001.
She also had a 9-year stint with A F Ferguson & Co in the initial days of her career.
