Nuvama Wealth Management Completes Equity Share Split: 1:5 Ratio Effective
Nuvama Wealth Management Limited has announced the successful credit confirmation of equity shares from depositories following the sub-division (split) of its equity shares. This corporate action invo...
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Why is Nuvama Wealth Management Limited in the news today?
Nuvama Wealth Management Limited (NUVAMA) is in the news due to the announcement is a routine corporate action (stock split) and does not inherently carry positive or negative financial implications.
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Nuvama Wealth Management Completes Equity Share Split: 1:5 Ratio Effective
December 30, 2025, 11:05 AM
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Nuvama Wealth Management Limited has announced the successful credit confirmation of equity shares from depositories following the sub-division (split) of its equity shares. This corporate action involved splitting one equity share of face value ₹10 into five equity shares of face value ₹2 each.
The split shares have been credited under a new ISIN: INE531F01023 by both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).
The sub-division was executed on December 27, 2025. The original ISIN INE531F01015 saw a debit of 41,921,450 shares, while the new ISIN INE531F01023 received a credit of 209,607,250 shares. The record date for this sub-division appears to be December 27, 2025, with a lock-in/release date of October 1, 2026, for the new shares. Confirmation letters from NSDL and CDSL have been enclosed with the intimation for regulatory reference.
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