Nuvama Wealth Management Limited — QIP/Rights/Pref., 26-11-2024: Allotment of Securities

Nuvama Wealth Management Limited has approved the allotment of 40,098 fully paid-up equity shares with a face value of Rs. 10 each to employees exercising stock options under its Employee Stock Option Scheme. This allotment increases the total equity share capital from 3,58,20,582 to 3,58,60,680 shares. The move reflects the company’s commitment to incentivizing employee performance and retention through equity participation.