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Nuvama Wealth Management Limited announced on August 24, 2026, that it has approved the allotment of 6,02,701 equity shares with a face value of Rs 2 each to employees upon the exercise of stock options and rights under its Employee Stock Option Scheme(s) and Employee Stock Appreciation Rights Plan, increasing the company`s equity share capital from 18,36,15,547 to 18,42,18,248 shares.

Net profit of Nuvama Wealth Management rose 15.85% to Rs 305.79 crore in the quarter ended June 2026 as against Rs 263.96 crore during the previous quarter ended June 2025. Sales rose 22.59% to Rs 1376.22 crore in the quarter ended June 2026 as against Rs 1122.65 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1376.221122.65 23 OPM %52.6254.48 - PBDT437.44374.99 17 PBT410.52350.72 17 NP305.79263.96 16 Powered by Capital Market - Live News

Nuvama Wealth Management announced that Acuite Ratings & Research (ACUITE), has upgraded the long term rating assigned to the Non-Convertible Debentures of Nuvama Wealth and Investment, material wholly owned subsidiary of the Company, from `ACUITE AA-/Stable` to `ACUITE AA/Stable`

Nuvama Wealth Management will hold a meeting of the Board of Directors of the Company on 30 July 2026.

Nuvama Wealth Management has allotted 1,48,670 equity shares under ESOP on 18 June 2026. Upon allotment, the equity share capital of the Company increased from 18,23,36,448 equity shares to 18,24,85,118 equity shares of the face value of Rs. 2 each.