Nuvama Wealth Management Limited — QIP/Rights/Pref., 13-08-2025: Allotment of Securities

Nuvama Wealth Management has allotted 26,252 fully paid-up equity shares, each with a face value of Rs. 10, to its employees. These shares were issued following the exercise of stock options under the company's Employee Stock Option Schemes. This allotment boosts the total equity share capital from 3,60,05,110 shares to 3,60,31,362 shares. This is a routine action under ESOPs, signaling employee engagement and retention. While it slightly increases the total share base, the impact on existing shareholders is generally minimal given the small number of shares.