Nuvama Wealth Management Limited has informed the Exchange that Record date for the purpose of Dividend is 03-Jun-2025.
NUVAMA · price
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Awaiting price reaction for this filing.
Nuvama Wealth Management Limited has informed the exchange that 03-June-2025 has been set as the record date for determining shareholders eligible to receive the company's dividend. Investors who hold shares of the company in their demat accounts on or before this date will be entitled to the dividend. The announcement does not specify the dividend amount per share or the dividend yield. Shareholders should watch for further communication regarding the actual dividend quantum.
Investors holding Nuvama shares by the record date (03-Jun-2025) will qualify for the dividend payout. The ex-date is typically one trading day before the record date, so the stock may see some price adjustment around that time. Positive sentiment for income-seeking investors, though the actual yield impact depends on the dividend amount yet to be announced.