News ArticleNuvama Wealth Management Allots 33,912 Equity Shares Following ESOP/ESAR Exercise
Share capital rises to 18,45,49,601 shares of Rs. 2 each fully paid as of November 3, 2026
Nuvama Wealth Management Limited allotted 33,912 fully paid equity shares of face value Rs. 2 each on November 3, 2026, following employee exercises of stock options and stock appreciation rights, increasing its total equity share capital to 18,45,49,601 shares. This issuance reflects the company's ongoing employee incentive programs and updates its capital structure accordingly.
Nuvama Wealth Management Limited
Corporate Action
On November 3, 2026, Nuvama Wealth Management Limited allotted 33,912 equity shares of Rs. 2 each fully paid, expanding its equity share capital due to employee exercises of stock options and stock appreciation rights schemes.
The shares were issued under the company's Employee Stock Option Scheme (ESOP) and Employee Stock Appreciation Rights Plan (ESAR).
This allotment increased the company's total fully paid-up equity shares from 18,45,15,689 to 18,45,49,601.
The shares allotted have a face value of Rs. 2 each.
The transaction is part of the company's ongoing employee compensation and incentive mechanisms.
This update has been recorded and communicated to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), where Nuvama Wealth Management is listed.
Highlights
- 33,912 equity shares allotted on November 3, 2026.
- Shares issued under ESOP and ESAR schemes.
- Equity share capital rose to 18,45,49,601 shares, each with Rs. 2 face value.
- Shares are fully paid-up.
- Company communicates allotment to BSE and NSE exchanges.
Key Data Snapshot
What happened
- Nuvama Wealth Management allotted 33,912 equity shares on November 3, 2026.
- Shares were allotted upon exercise of Stock Options and Stock Appreciation Rights by employees.
Key details
- Each share has a face value of Rs. 2 and is fully paid-up.
- The share capital increased from 18,45,15,689 to 18,45,49,601 equity shares after allotment.
Regulatory and governance context
- The allotment was communicated to the BSE and NSE where the company is listed.
- The company secretary and compliance officer signed the official disclosure.
Highlights
- 33,912 equity shares allotted on November 3, 2026.
- Shares issued under ESOP and ESAR schemes.
- Equity share capital rose to 18,45,49,601 shares, each with Rs. 2 face value.
- Shares are fully paid-up.
- Company communicates allotment to BSE and NSE exchanges.
Disclosures
- Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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