Nuvama allots new equity shares after ESOP and ESAR exercises

Nuvama Wealth Management Limited announced on December 3, 2025, that it has approved the allotment of 47,485 new equity shares. These fully paid-up shares, each with a face value of Rs. 10, were allotted to employees who exercised their Stock Options/Rights under the company's Employee Stock Option Scheme(s) and the Employee Stock Appreciation Rights Plan.

This allotment has increased Nuvama's total equity share capital from 3,63,13,749 equity shares to 3,63,61,234 equity shares, each maintaining a face value of Rs. 10. The company has requested that both the BSE Limited and the National Stock Exchange of India Ltd. take this information on record.

The announcement, signed by Sneha Patwardhan, company secretary and compliance officer, confirms the company's commitment to its employee incentive programs, which are designed to align employee interests with shareholder value.