Nuvama Wealth Management Announces Record Date for First-Ever Stock Split

Market Performance: Preparing for a Historic Stock Split

Nuvama Wealth Management is all set to mark a significant milestone in its corporate journey. The company has declared December 26, 2025, as the record date for its very first stock split. This move follows the board’s approval in November to split shares in a 1:5 ratio, which will adjust the face value of each share from ₹10 to ₹2.

While this step does not alter the company’s overall market capitalisation, it is expected to influence trading patterns and make the stock more accessible to a wider range of investors.

• Stock Split Ratio: 1:5
• Adjusted Face Value: ₹10 → ₹2
• Record Date: December 26, 2025

Main News: What the Stock Split Means for Shareholders

A stock split is a common corporate action aimed at increasing the liquidity and affordability of shares. Here’s what shareholders should know:

• The total number of shares will increase fivefold.
• The per-share price will adjust proportionally to maintain market capitalisation.
• Shareholders who own the stock on the record date will qualify for the split.

It’s important to note that buying shares on the record date alone will not make an investor eligible. Given the T+1 settlement cycle, shares must be purchased and settled by December 24, 2025, ahead of the Christmas holiday on December 25.

Company Details: A Milestone Move

This stock split represents a first for Nuvama Wealth Management and marks a noteworthy moment in its corporate history. While the split does not affect the company’s business fundamentals, it is expected to:

• Enhance liquidity in the stock.
• Make shares more affordable for retail investors.
• Potentially attract new investors due to lower per-share pricing.

Currently, Nuvama Wealth Management has 385.69 crore fully paid-up equity shares, which will increase after the split, while keeping the market cap unchanged.

Summary: Strategic Steps for Shareholders

Nuvama Wealth Management’s first-ever stock split is a clear signal of the company’s efforts to make its shares more accessible. Key takeaways:

• Record date set for December 26, 2025
• Stock split in 1:5 ratio, face value from ₹10 to ₹2
• Shareholders must complete purchases by December 24, 2025, to be eligible
• Overall market capitalisation remains unchanged, but liquidity improves

This move underscores Nuvama Wealth Management’s focus on creating shareholder value while making the stock attractive to a broader investor base.