
Nuvama Wealth Management Limited has declared December 26, 2025, as the official record date for its forthcoming stock split.
This initiative is designed to increase the liquidity of the company's shares by dividing each existing equity share of ₹10 into 5 new shares valued at ₹2 each.
The Board of Directors approved the stock split, and it was subsequently sanctioned by the company's members via a postal ballot on December 7, 2025.
This stock split will convert each fully paid-up equity share with a face value of ₹10 into 5 fully paid-up equity shares with a face value of ₹2.
The record date, December 26, 2025, is significant as it determines which shareholders are eligible to receive the additional shares. Shareholders who hold Nuvama Wealth shares as of this date will benefit from the subdivision.
Nuvama Wealth has complied with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in establishing the record date.
The company has communicated this update to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where it is listed under the scrip code 543988 and symbol NUVAMA, respectively.
Read More: Nuvama Wealth Management Stock Split Record Date is Dec 26, 2025!
As of December 26, 2025, at 11:29 AM, Nuvama Wealth Management share price on NSE was trading at ₹1,494 down by 1.90% from the previous closing price.
Nuvama Wealth's decision to execute a stock split demonstrates its commitment to enhancing shareholder value and market participation. By setting December 26, 2025, as the record date, the company ensures that eligible shareholders will benefit from the subdivision of shares.
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Published on: Dec 26, 2025, 11:54 AM IST

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