Nuvama Wealth Management Limited has informed the Exchange regarding allotment of 41783 securities pursuant to ESOP/ESPS at its meeting held on January 19, 2026
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Nuvama Wealth Management Limited has allotted 41,783 equity securities to employees pursuant to its Employee Stock Option Plan (ESOP) / Employee Stock Purchase Scheme (ESPS). The allotment was approved at a board meeting held on January 19, 2026. This is a routine disclosure informing the exchange of shares being issued to employees as part of their compensation. The number of shares is relatively small and is part of the company's ongoing employee incentive programme.
Minor dilutionary impact due to the small allotment size; no significant effect expected on share price or shareholder value. Signals that the company is actively rewarding and retaining employees through equity-based compensation.