Nuvama Wealth Management Limited has informed the Exchange regarding allotment of 26252 securities pursuant to ESOP/ESPS at its meeting held on August 13, 2025
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Nuvama Wealth Management has allotted 26,252 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 August 13, 2025. As a result, the total equity share capital has increased from 3,60,05,110 shares to 3,60,31,362 shares. This represents a very small increase of about 0.007% in the total share count.
This is a routine ESOP allotment with negligible dilution for existing shareholders. It is a positive signal that employees are exercising their options, but the impact on share price or shareholder value is minimal.