Nykaa's CEO of wholesale business, 4 other executives resign

Nykaa's Chief Commercial Operations Officer Manoj Gandhi, Chief Business Officer of fashion division Gopal Asthana, and CEO of wholesale business Vikas Gupta and two other executives have resigned, a spokesperson told Reuters. Some of these exits are part of standard annual appraisal and transition process, wherein, people exit due to performance or for other opportunities, the spokesperson added.