Stock Split News: Along with the quarterly results, the company announced a stock split, 1 share will be divided into 5 parts.:

News Topical, Digital Desk : Stock Split News: Nuvama Wealth Management Limited has announced its quarterly results. The company has made several major announcements along with the quarterly results in the exchange filing . The company said that in the board meeting , they have announced a stock split with the aim of making the shares more accessible to investors. The company said that in the meeting of the Board of Directors , it has been decided to split 1 equity share ( Face Value ₹ 10) into 5 equity shares ( Face Value ₹ 2) . The company said that the purpose of this step is to increase the liquidity of the shares in the market and to attract retail investors so that the shares of the company become more affordable and accessible.

Highlights of the announcement

1 share ( ₹ 10 face value ) will now be converted into 5 shares ( ₹ 2 face value ).
After the split , there will be proportionate changes in the issued, subscribed and paid-up share capital of the company.
This process will be completed within the next two months after getting the approval of the shareholders .
The company said that this move is expected to increase the trading volume of its shares and expand investor participation.

Dividend also announced

In addition, the board declared an interim dividend of ₹70 per share, with a record date of November 11 , 2025. This dividend will be paid to shareholders before December 3, 2025. The company also announced that it has approved an investment of ₹ 200 crore in the rights issue of its wholly-owned subsidiary, Nuvama Wealth Finance Limited ( NWFL) .