PFA intimation w.r.t ESOP/ESAR allotment
NUVAMA · price
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Nuvama Wealth Management has allotted 1,38,099 equity shares to employees who exercised their stock options or rights under the company's Employee Stock Option Scheme and Employee Stock Appreciation Rights Plan. The shares have a face value of Rs. 2 each and are fully paid-up. Following this allotment, the company's equity share capital increased from 18,20,41,513 shares to 18,21,79,612 shares. This is a routine corporate action confirming the completion of ESOP exercises.
Minor shareholder dilution of approximately 0.076% from ESOP exercises, which is normal and expected as part of employee compensation programs. No material impact on stock price.