Nuvama Wealth Management Limited has informed the Exchange regarding allotment of 8571 securities pursuant to ESOP/ESPS at its meeting held on September 19, 2025
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Nuvama Wealth Management has informed the exchange that its board allotted 8,571 equity shares under the Employee Stock Option Plan (ESOP) / Employee Stock Purchase Scheme (ESPS) at a meeting held on September 19, 2025. This is a routine exercise of employee stock options, resulting in a small increase in the company's outstanding share count. The dilution from 8,571 shares is negligible given the overall size of the company.
Minor dilutive impact due to fresh equity issuance to employees; no material effect expected on share price or shareholder value. This is a standard, recurring corporate action for listed companies with employee stock plans.