Nuvama Allots 43,698 ESOP Equity Shares

Key Quantitative Figures

• Number of equity shares allotted: 43,698
• Face value per share: ₹2
• Pre-allotment equity share capital: 18,24,85,118 equity shares
• Post-allotment equity share capital: 18,25,28,816 equity shares
• Increase in share capital: 43,698 equity shares

Parties Involved

• Issuing Company: Nuvama Wealth Management Limited
• Regulatory recipients: BSE Limited (Scrip Code: 543988) and National Stock Exchange of India Ltd. (NSE Symbol: NUVAMA)
• Allottees: Employee(s) of the company

Purpose/Rationale

Allotment made upon exercise of Stock Options/Rights under the Employee Stock Option Scheme(s) and the Employee Stock Appreciation Rights Plan of the Company.

Capital Structure Impact

The equity share capital increased by 43,698 shares, resulting in a minimal dilution of approximately 0.024%.