Nuvama Wealth Management Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025
NUVAMA · price
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Nuvama Wealth Management has informed the stock exchanges that its 32nd Annual General Meeting (AGM) will be held on Wednesday, September 24, 2025, at 12:00 noon via Video Conferencing. The company has submitted its Annual Report for FY 2024-25 along with the AGM Notice, which was dispatched electronically to members on August 28, 2025. The Annual Report highlights strong FY25 performance: revenue grew 41% to ₹29,013 million, operating PAT rose 65% to ₹9,862 million, and client assets crossed ₹4.3 trillion with 24% YoY growth. Return on Equity improved to 31.5% and cost-to-income ratio declined to 55% from 62%. The company declared its first dividend as a listed entity (₹69 per share in May 2025, following ₹63 and ₹81.5 per share in October and July 2024). The report is available on the company's website.
This is a routine AGM and Annual Report filing, but it reinforces Nuvama's strong growth momentum and improving profitability. Shareholders will get to vote on key items including the FY25 financial statements and any proposed dividend at the September 24 meeting. The solid financial performance and dividend declaration may support positive investor sentiment around the stock.