PFA intimation w.r.t ESOP/ESAR allotment
NUVAMA · price
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Nuvama Wealth Management has approved the allotment of 71,851 equity shares of Rs. 2 face value each to employees who exercised stock options under its Employee Stock Option Scheme (ESOP) and Employee Stock Appreciation Rights Plan (ESAR). The allotment was made on May 26, 2026. As a result, the company's equity share capital increased from 18,21,79,612 shares to 18,22,51,463 shares. This is a routine internal dilution event arising from employee compensation exercises and does not involve external capital raise.
Mild equity dilution for existing shareholders as the total number of shares outstanding increased by ~71,851 shares (~0.04%). This is a standard ESOP exercise with minimal price impact and is typical for listed companies with employee stock incentive plans.