Nuvama Wealth Management Limited has announced a proposal to split its shares in a 1:5 ratio, subject to shareholder approval via postal ballot. Under the plan, the face value per share will be revised from ₹10 to ₹2, while the authorized share capital will remain unchanged at ₹799.54 crore. The move will expand the company’s authorized equity shares from 79.95 crore to 399.77 crore, increasing market liquidity and making the stock more accessible to retail investors.
Key Details of the Proposed Stock Split
| Aspect | Current | Proposed |
|---|---|---|
| Face Value per Share | ₹10.00 | ₹2.00 |
| Shares After Split | 1 | 5 |
| Equity Shares | 79.95 crore | 399.77 crore |
Voting Information
- Voting Method: Remote e-voting
- E-voting Opens: November 8, 2025 (9:00 AM IST)
- E-voting Closes: December 7, 2025 (5:00 PM IST)
- Platform: Provided by MUFG Intime India Pvt. Ltd.
Purpose of the Split
According to the company, this step is aimed at:
- Enhancing trading liquidity in the market
- Encouraging greater participation from retail investors
- Making shares more affordable and accessible
Impact on Investors
The stock split will not affect the total value of an investor’s holdings or their rights as shareholders. Post-split, the number of shares will increase proportionally, but the overall investment value will stay the same.
What’s Next
Results will be announced after the ballot concludes.
While this move aims to improve market participation and liquidity, investors should remember that a stock split does not alter the company’s fundamentals. Always consider your investment goals and research before making decisions.
If you have any doubts about the corporate action, ask us in the chat.
Happy Investing,
Team 5paisa