Announced Tue, 17 Jun · 18:30 IST
Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 13187 Shares.
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NUVAMA · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Nuvama Wealth Management Limited has allotted 13,187 equity shares of face value Rs. 10 each to employees who exercised their stock options under the company's Employee Stock Option Scheme. As a result, the total equity share capital has increased from 3,59,91,533 to 3,60,04,720 shares. The allotment was approved on June 17, 2025. This is a routine disclosure required whenever employees exercise vested ESOPs.
Likely market impact
This is a minor, routine ESOP allotment with negligible dilution (~0.04% increase in share count). No material impact on shareholders or stock price is expected.