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Nuvama Wealth Management Limited ( (IN:NUVAMA) ) has shared an update.
Nuvama Wealth Management Limited announced several key decisions following a board meeting, including the approval of consolidated and standalone unaudited financial results for the quarter and half-year ending September 30, 2025. The company declared an interim dividend of Rs. 70 per equity share and approved a sub-division of its equity shares, subject to member approval. Additionally, the board approved a Rs. 200 crore investment in its wholly owned subsidiary, Nuvama Wealth Finance Limited, through a rights issue. These strategic moves are expected to enhance shareholder value and strengthen the company’s financial position.
More about Nuvama Wealth Management Limited
Nuvama Wealth Management Limited operates in the financial services industry, focusing on wealth management solutions. The company provides a range of financial products and services aimed at helping clients manage and grow their wealth effectively.
Average Trading Volume: 7,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: 257.3B INR
Learn more about NUVAMA stock on TipRanks’ Stock Analysis page.