Nuvama Wealth Management Limited has informed the Exchange regarding 'Intimation of credit confirmation of equity shares from Depositories withregard to Sub-division / Split of equity shares of the Company'.
NUVAMA · price
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Nuvama Wealth Management has completed the sub-division of its equity shares in the ratio of 1:5, with each share of face value Rs. 10 split into 5 shares of face value Rs. 2. The new shares have been credited to shareholders' demat accounts under the new ISIN INE531F01023 by both NSDL and CDSL on December 27, 2025. The record date for the split was December 27, 2025, and trading under the new face value is expected to begin on or after October 1, 2026. The split was originally announced on December 8, 2025, and this filing confirms that the depository processing is complete.
Each shareholder now holds 5 times more shares, but the price per share should adjust proportionally downward (roughly 1/5th of the pre-split price), so the total investment value remains unchanged. The lower face value and share price may improve liquidity and make the stock more accessible to retail investors.