Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 4390 Shares.
NUVAMA · price
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Nuvama Wealth Management has allotted 4,390 equity shares of face value Rs. 2 each to employees who exercised their stock options under the company's ESOP scheme on March 16, 2026. Following this allotment, the total equity share capital has increased from 18,20,37,123 shares to 18,20,41,513 shares. The dilution from this allotment is extremely small at around 0.024% of the total share capital. This is a routine disclosure required whenever employees convert their stock options into actual shares.
This is a routine ESOP allotment with negligible dilution to existing shareholders and is unlikely to have any meaningful impact on the stock price. It indicates ongoing employee participation in the company's stock option plans.