Nuvama Wealth Management Limited — QIP/Rights/Pref., 29-01-2025: Allotment of Securities

Nuvama Wealth Management Limited has approved the allotment of 8,035 fully paid-up equity shares at a face value of Rs. 10 each, issued to employees upon exercising stock options under its Employee Stock Option Scheme. Following this allotment, the total equity share capital increases from 3,58,76,058 to 3,58,84,093 shares. This exercise reflects the company's commitment to employee incentive programs and enhances employee ownership in the company.