Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 390 Shares.
NUVAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nuvama Wealth Management has allotted 390 equity shares of face value Rs. 10 each to employees who exercised their stock options under the company's Employee Stock Option Scheme. The allotment was approved on June 25, 2025. As a result, the total equity share capital has increased marginally from 3,60,04,720 to 3,60,05,110 shares. This is a routine ESOP exercise with negligible dilution.
The 390 shares represent an extremely tiny fraction (about 0.001%) of total share capital, so there is no meaningful dilution or impact on existing shareholders. The stock price is unlikely to be affected by this routine ESOP allotment.