Announced Thu, 18 Jun · 13:04 IST

Nuvama Wealth allots 1,48,670 shares under employee stock plan

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NUVAMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹1728.40
prior close
₹1717.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.0-0.2+0.0+0.4+0.8-0.6+0.7+1.8+5.1+14.2+7.6
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AI summary

Nuvama Wealth Management has allotted 1,48,670 equity shares, likely under its Employee Stock Option Plan or a similar employee benefit scheme. The exchange was informed about the allotment. No further details on pricing or the specific scheme were disclosed in the filing. Shareholders should check the company's website or BSE/NSE corporate announcements for additional details about the scheme under which these shares were issued.

Likely market impact

Minor dilution as new shares increase the total equity base; routine ESOP allotment, not material to long-term investors.