Nuvama Wealth Management Limited — QIP/Rights/Pref., 12-11-2024: Allotment of Securities

Nuvama Wealth Management Limited has approved the allotment of 27,775 equity shares at a face value of ₹10 each to employees exercising stock options under its Employee Stock Option Scheme. Following this allotment, the total equity share capital of the company increases from 3,57,79,190 shares to 3,58,06,965 shares. This action reflects the company’s commitment to rewarding its employees and aims to further align their interests with shareholder value.