Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 138099 Shares.
NUVAMA · price
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Nuvama Wealth Management has allotted 138,099 equity shares of Rs. 2 face value each to employees who exercised their stock options under the Employee Stock Option Scheme and Employee Stock Appreciation Rights Plan. The allotment was approved on May 11, 2026. Following this, the company's equity share capital increased from approximately 18.20 crore shares to 18.22 crore shares, representing a marginal increase of about 0.08%.
This is a routine equity dilution from employee stock ownership programs. The share count increase is minimal and unlikely to have significant impact on the stock price. It reflects employee participation in the company's ownership structure.