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An update from Nuvama Wealth Management Limited ( (IN:NUVAMA) ) is now available.
Nuvama Wealth Management Limited announced several key decisions following its Board of Directors meeting on November 4, 2025. The company approved the subdivision of its equity shares, changing the face value from Rs. 10 to Rs. 2 per share, which is expected to enhance liquidity and make shares more accessible to investors. Additionally, the Board declared an interim dividend of Rs. 70 per share and approved a significant investment of Rs. 200 crores in its subsidiary, Nuvama Wealth Finance Limited, through a rights issue. These strategic moves are likely to strengthen Nuvama’s market position and provide value to its stakeholders.
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 tailored to meet the needs of individual and institutional investors.
Average Trading Volume: 7,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: 257.3B INR
Find detailed analytics on NUVAMA stock on TipRanks’ Stock Analysis page.