Nuvama Wealth Management Limited — QIP/Rights/Pref., 05-02-2025: Allotment of Securities

Nuvama Wealth Management Limited has approved the allotment of 3,164 equity shares with a face value of Rs. 10 each, fully paid-up, to employees following the exercise of stock options under its Employee Stock Option Scheme. This allotment increases the equity share capital from 3,58,84,093 shares to 3,58,87,257 shares. This move incentivizes employees and reflects the company's commitment to employee engagement and retention.