Nuvama Wealth Management has allotted 27,775 equity shares under ESOS on 12 November 2024. Upon allotment, the equity share capital of the Company stands increased from 3,57,79,190 equity shares to 3,58,06,965 equity shares of the face value of Rs. 10/- each.Powered by Capital Market - Live News

Nuvama Wealth Management approved the allotment of 5,150 equity shares of the face value of Rs. 10 each, fully paid-up, to the employee(s) on exercise of stock options under Employee Stock Option Scheme(s) of the Company. Powered by Capital Market - Live News

Nuvama Wealth Management announced that the Board of Directors of the Company at its meeting held on 25 October 2024, inter alia, have recommended the interim dividend of Rs 63 per equity Share (i.e. 630%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Nuvama Wealth Management rose 77.47% to Rs 257.64 crore in the quarter ended September 2024 as against Rs 145.17 crore during the previous quarter ended September 2023. Sales rose 42.99% to Rs 1051.35 crore in the quarter ended September 2024 as against Rs 735.26 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1051.35735.26 43 OPM %53.5748.97 - PBDT368.83215.79 71 PBT347.34191.42 81 NP257.64145.17 77 Powered by Capital Market - Live News

Nuvama Wealth Management will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News