Nuvama Wealth Management Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, declared Interim Dividend of Rs. 69 per equity share.
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The Board of Directors of Nuvama Wealth Management Limited, at its meeting held on May 28, 2025, declared an Interim Dividend of Rs. 69 per equity share. This is a significant payout, reflecting the company's strong financial performance and commitment to returning value to shareholders. The record date and payment timeline would be communicated separately. Interim dividends are paid out of company profits before the final annual results are declared.
Shareholders holding shares as of the record date will be eligible to receive the Rs. 69 per share interim dividend. This is a positive signal of cash generation and shareholder reward, which may support short-term stock price action around the ex-dividend date.