Nuvama Wealth Management Limited — QIP/Rights/Pref., 11-02-2025: Allotment of Securities

Nuvama Wealth Management Limited has approved the allotment of 1,295 fully paid-up equity shares with a face value of ₹10 each, following the exercise of stock options under its Employee Stock Option Scheme. This allotment increases the equity share capital from 3,58,87,257 to 3,58,88,552 shares. This move reflects the company's commitment to incentivizing employees through share ownership, potentially enhancing employee engagement and aligning their interests with that of shareholders.