Nuvama Wealth Management Limited has informed the Exchange about Approval for investment in Wholly owned subsidiary

Strategic Transactions View source PDF Explain this filing

NUVAMA · price

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Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹1434.00

prior close

₹1420.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.5%+3.9% vs market

Stockbroking & Allied peers, median of 35sector-1.0%+3.4% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Smallcap 250 and 3.4 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.4-1.5+3.9-1.0+3.4

Next day

+1.5-1.7+3.3-0.8+2.3

+4.1-1.7+5.9-1.9+6.1

+2.4-1.9+4.3-1.9+4.4

+2.2-1.2+3.4-1.7+3.9

+3.0-1.6+4.6-1.6+4.6

+2.8-0.7+3.5-2.3+5.1

15d

+2.7-3.2+5.9-5.6+8.3

-0.6-6.9+6.4-6.4+5.9

+3.1-3.1+6.1-8.0+11.1

-5.6-8.4+2.8-17.0+11.5

UpDownMarket · Nifty Smallcap 250Sector · Stockbroking & Allied peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nuvama Wealth Management's Board, on November 4, 2025, approved unaudited consolidated and standalone financial results for Q2 and H1 FY26 — standalone net profit for the quarter was Rs. 46.35 crore (lower year-on-year as Q2 FY25 included a large Rs. 256.83 crore dividend from subsidiaries), while H1 FY26 net profit stood at Rs. 267.83 crore. The Board declared an interim dividend of Rs. 70 per equity share on a Rs. 10 face value, with November 11, 2025 as the record date and payout by December 3, 2025. A stock split in the ratio of 1:5 (one Rs. 10 share into five Rs. 2 shares) was approved, subject to shareholder approval via postal ballot, to improve liquidity and retail participation. The Board also approved a Rs. 200 crore investment in Nuvama Wealth Finance Limited, its wholly owned NBFC subsidiary, by subscribing to a rights issue of 25 lakh shares at Rs. 800 per share (Rs. 10 face value plus Rs. 790 premium).

Likely market impact

The Rs. 70 per share interim dividend is a strong reward for shareholders, while the 1:5 stock split should lower the per-share price and broaden retail participation. The Rs. 200 crore capital infusion into the NBFC arm funds growth in the lending business but is internal deployment and does not change the subsidiary's 100% ownership by Nuvama.