
Nuvama Wealth Management Limited has announced a significant change in its equity share structure. The company has decided to split its shares, altering the face value from ₹10 to ₹2, effective from December 26, 2025.
The Board of Directors of Nuvama Wealth Management approved the sub-division of equity shares, which was subsequently sanctioned by the company's members through a postal ballot on December 7, 2025. The company will split 1 equity share of ₹10 into 5 shares of ₹2 each, fully paid-up.
This restructuring is in line with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for determining the eligibility of members for this share split is set for December 26, 2025.
The decision to split the shares was made in compliance with the relevant SEBI regulations. The company communicated its intention to the stock exchanges, BSE Limited and the National Stock Exchange of India Ltd., ensuring transparency and adherence to regulatory standards.
Read More: CAMS Sets Record Date for 1:5 Equity Share Split on December 5, 2025!
As of December 09, 2025, at 9:17 AM, Nuvama Wealth Management share price on NSE was trading at ₹7,086.50 down by 0.57% from the previous closing price.
Nuvama Wealth Management's decision to implement a 1:5 equity share split reflects a strategic move to enhance market accessibility and liquidity. By reducing the face value of its shares from ₹10 to ₹2, the company aims to attract a broader base of investors.
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Published on: Dec 9, 2025, 11:13 AM IST

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