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Nuvama Wealth Management Limited ( (IN:NUVAMA) ) has issued an announcement.
Nuvama Wealth Management Limited announced key decisions from its recent board meeting, including the approval of interim dividends and a sub-division of its equity shares. The interim dividend is set at Rs. 70 per share, with a record date of November 11, 2025, and the company plans to split its shares to enhance liquidity. Additionally, Nuvama will invest Rs. 200 crores in its subsidiary, Nuvama Wealth Finance Limited, through a rights issue, reflecting its strategic focus on strengthening its financial position and expanding its market presence.
More about Nuvama Wealth Management Limited
Nuvama Wealth Management Limited operates in the financial services industry, focusing on wealth management solutions. The company offers a range of financial products and services designed to cater to the needs of individual and institutional clients.
Average Trading Volume: 7,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: 257.3B INR
For detailed information about NUVAMA stock, go to TipRanks’ Stock Analysis page.