Nuvama Wealth Management’s board has approved a stock split, dividing each share into five. An interim dividend of ₹70 per share was declared. The board also approved a ₹200 Crore investment in Nuvama Wealth Finance Limited. These decisions aim to improve liquidity and shareholder value. The record date for the dividend is November 11, 2025.
Stock Split Approved
Nuvama Wealth Management’s Board of Directors has approved a stock split, wherein each existing equity share with a face value of ₹10 will be subdivided into five equity shares with a face value of ₹2 each. This decision is subject to the approval of the members of the company.
Interim Dividend Declared
An interim dividend of ₹70 (Rupees Seventy only) per equity share has been declared for the financial year 2025-26. The record date for determining eligible shareholders is set for Tuesday, November 11, 2025. The dividend will be paid/dispatched on or before December 3, 2025, subject to applicable taxes.
Investment in Nuvama Wealth Finance
The board has also given the go-ahead for an investment of ₹200 crores (Rupees Two Hundred Crores only) towards the subscription to the Rights Issue of Nuvama Wealth Finance Limited (“NWFL”), a wholly-owned material subsidiary of the Company.
Financial Performance Highlights
The Board of Directors reviewed and approved the unaudited consolidated financial results for the quarter and half-year ended September 30, 2025. Key financial figures from the consolidated results include:
- Total revenue from operations: ₹1,134.71 Crore for Q2 2026, and ₹2,257.36 Crore for H1 2026
- Profit before tax: ₹339.23 Crore for Q2 2026, and ₹689.95 Crore for H1 2026
- Net profit for the period: ₹253.98 Crore for Q2 2026, and ₹517.85 Crore for H1 2026
Standalone Financial Results
Key financial figures from the standalone results include:
- Total revenue from operations: ₹187.73 Crore for Q2 2026, and ₹610.17 Crore for H1 2026
- Profit before tax: ₹62.32 Crore for Q2 2026, and ₹287.42 Crore for H1 2026
- Net profit for the period: ₹46.35 Crore for Q2 2026, and ₹267.83 Crore for H1 2026
Source: BSE
