Nuvama Wealth Management’s board has approved an interim dividend of ₹70 per share for the half-year ended September 30, 2025, with a record date of November 11, 2025. Additionally, the board approved a stock split, dividing each share into five, pending shareholder approval. They also approved an investment of ₹200 crores in Nuvama Wealth Finance Limited.
Interim Dividend Declared
Nuvama Wealth Management declared an interim dividend of ₹70 per equity share (face value of ₹10) for the financial year 2025-26. The record date for determining shareholders eligible for the dividend is Tuesday, November 11, 2025. The dividend payout is scheduled on or before December 3, 2025, subject to applicable taxes.
Stock Split Approved
The board has also approved a stock split, where one equity share with a face value of ₹10 will be subdivided into five equity shares with a face value of ₹2 each. This is subject to the approval of the members of the Company. The record date for the split will be announced after seeking member approval.
Investment in Subsidiary
The board approved an investment of ₹200 crores towards subscribing to the Rights Issue of Nuvama Wealth Finance Limited (NWFL), a wholly-owned material subsidiary.
Financial Performance Highlights
Consolidated Results:
- Revenue from operations: ₹1,134.71 crore
- Profit before tax: ₹339.23 crore
- Net profit: ₹253.98 crore
Standalone Results:
- Revenue from operations: ₹187.73 crore
- Profit before tax: ₹62.32 crore
- Net profit: ₹46.35 crore
These results are for the quarter ended September 30, 2025 (Q2 FY26).
Source: BSE
