Description
NSE announces face value split of Nuvama Wealth Management Limited equity shares from Rs. 10 to Rs. 2, effective December 26, 2025.
Summary
The National Stock Exchange of India has announced that Nuvama Wealth Management Limited (NUVAMA) will undergo a face value split of its equity shares. The face value and paid-up value will change from Rs. 10 to Rs. 2 per share, representing a 1:5 split ratio.
Key Points
- Company: Nuvama Wealth Management Limited
- Symbol: NUVAMA
- Existing face value: Rs. 10
- New face value: Rs. 2
- Split ratio: 1:5 (each share will be split into 5 shares)
- Effective date: December 26, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving face value subdivision of equity shares.
Compliance Requirements
- Members and market participants should note the change in face value and paid-up value
- Update systems and records to reflect the new face value effective December 26, 2025
- Adjust holdings and positions accordingly (shareholders will receive 5 shares for every 1 share held)
Important Dates
- Circular Date: December 11, 2025
- Effective Date: December 26, 2025
Impact Assessment
Market Impact: The face value split will reduce the per-share price of NUVAMA stock by 80% (1/5th of original price), making shares more affordable for retail investors and potentially improving liquidity. The total market capitalization and shareholder value remain unchanged.
Operational Impact: Existing shareholders will see their shareholding quantity increase by 5 times, while the per-share value adjusts proportionately. All derivatives, if any, and related contracts will need to be adjusted for the split.
Impact Justification
Face value split affects share pricing and liquidity but does not change company fundamentals or shareholder value