Nuvama Wealth Management Limited has made a regulatory disclosure regarding the allotment of equity shares to employees under its employee stock benefit schemes. The company's Board approved the allotment on August 6, 2026.
The company allotted 1,018,986 equity shares of face value ₹2 each, fully paid-up, to employees upon exercise of Stock Options/Rights under the Employee Stock Option Scheme(s) and the Employee Stock Appreciation Rights Plan of the Company.
This allotment resulted in an increase of the company's equity share capital from 18,25,96,561 equity shares to 18,36,15,547 equity shares. All shares maintain a face value of ₹2 each.
The disclosure was filed with both BSE Limited and National Stock Exchange of India Ltd. as a regulatory requirement. The communication was signed by Sneha Patwardhan, Company Secretary and Compliance Officer, on August 6, 2026.