Nuvama Wealth Management Limited allotted 1,67,230 equity shares on February 3, 2026, following ESOP exercise by employees. The shares, with Rs. 2 face value each, increased the company's total equity share capital from 18,18,47,953 to 18,20,15,183 shares. The allotment was communicated to BSE and NSE as part of regulatory compliance requirements.

Nuvama Wealth Management Allots 1.67 Lakh Equity Shares Through ESOP Exercise

Nuvama Wealth Management Announces Equity Share Allotment Following Employee Stock Option Exercise

Nuvama Wealth Management Limited has announced the allotment of 1,67,230 equity shares to employees following the exercise of Employee Stock Option Plans (ESOPs) on February 3, 2026.

Share Allotment Details

Shares Allotted: 1,67,230 equity shares
Face Value: Rs. 2 per share
Allotment Date: February 3, 2026
Share Status: Fully paid-up

Impact on Share Capital

The ESOP exercise has resulted in an expansion of Nuvama Wealth Management's equity share capital, increasing the total number of outstanding equity shares in the company.

Total Equity Shares: 18,18,47,953 (Before Allotment) / 18,20,15,183 (After Allotment)
Face Value per Share: Rs. 2
Additional Shares: 1,67,230

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing the stock exchanges about this corporate action, ensuring proper documentation and compliance with listing requirements.

The communication was sent to both BSE Limited, where the company trades under scrip code 543988, and the National Stock Exchange of India, where it is listed under the symbol NUVAMA.

Employee Stock Option Context

The allotment represents the successful exercise of stock options by company employees under the established Employee Stock Option Scheme(s), aligning employee interests with shareholder value creation and serving as retention tools for key personnel within the organization.

Growth Strategy and Business Outlook

Nuvama wealth management has set ambitious growth targets while emphasizing operational stability following recent adjustments to its asset services, targeting more than 20% business growth as it seeks to strengthen its market position and expand its service offerings.

Operational Expenditure Planning

Nuvama Wealth Management has provided detailed projections for its operational expenditure, outlining a structured approach to cost management and investment allocation.

Expenditure Category:
- Total Full Year Opex: 10% to 12% growth range
- Expansion Costs: 5-6% growth range
- Inflation Adjustment: 4-5% growth range

Focus on Stability Post Asset Service Adjustments

Following recent asset service adjustments, the company is prioritizing operational stability while pursuing its growth objectives, working to optimize its service delivery framework and ensure consistent performance across its wealth management operations.

Nuvama Wealth Management's Strategic Approach to Sustainable Expansion

The combination of aggressive growth targets and careful expenditure planning indicates the company's strategic approach to sustainable expansion in the wealth management industry.

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