Nuvama Wealth Management Limited (NUVAMA) — Board Meeting | 29 June 2026

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Nuvama Wealth Management announced approval of its new Employee Stock Appreciation Rights Scheme 2026, allowing up to 1.37 million ESARs to be granted to eligible employees. The scheme ties rewards to share price appreciation, aims to retain talent, and will be administered by the Nomination and Remuneration Committee. Key details include a maximum 10% discount on exercise price, vesting over 1-6 years, and an exercise window of 1-5 years post-vesting. The Board emphasized alignment with long-term shareholder value while limiting dilution.

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About Nuvama Wealth Management Limited (NUVAMA)

Financial Services · Capital Markets · Listed on NSE

Market Cap: ₹26,570.9 Cr P/E: 29.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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