Nuvama has announced a stock split, with the record date set for December 26, 2025. The company’s board approved splitting each existing share of face value Rs. 10 into five shares of face value Rs. 2. This decision aims to enhance liquidity and make the shares more accessible to smaller investors. The stock split was approved by the members of the company on December 7, 2025.
Stock Split Details
Nuvama has officially announced a stock split, following approval from its Board of Directors. Each existing equity share with a face value of Rs. 10 will be subdivided into five equity shares, each with a face value of Rs. 2. The company conveyed this decision in a formal announcement on December 8, 2025.
Record Date Announced
The record date for the stock split has been fixed as December 26, 2025. This is the date that will determine the eligibility of shareholders for the stock split. The company formally approved this record date following a resolution passed on December 7, 2025. The stock split is anticipated to increase investor participation.
Source: BSE