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Nuvama Wealth Management has officially declared the schedule for its highly anticipated stock split with the company fixing Friday December 26 2025 as the designated record date to determine the eligibility of shareholders for this corporate action This marks the first time in the history of the company that it is undertaking a subdivision of its equity shares a move that was recently approved by its shareholders through a postal ballot on December 7 following the initial proposal by the Board of Directors in November The approved split ratio is set at 1:5 which means that every existing fully paid up equity share with a face value of Rs 10 will be divided into five new equity shares having a face value of Rs 2 each[2]
The primary objective behind this strategic decision is to enhance the liquidity of the stock in the capital markets and to make the shares more affordable for small retail investors thereby widening the shareholder base of the company According to the exchange filing made on Tuesday the sub division will not alter the underlying value of the investment held by shareholders as the number of shares will increase in proportion to the reduction in face value Investors who are holding the shares in their demat accounts as of the closing hours of the record date will be eligible to receive the additional shares credited to their accounts
Market participants should note that since the Indian stock markets operate on a T+1 settlement cycle anyone wishing to benefit from this stock split must purchase the shares at least one day prior to the record date meaning the last buying date to be eligible would be December 24 considering the holiday on December 25 The stock of Nuvama Wealth Management was trading with a slight decline on Tuesday closing around the Rs 7076 level on the BSE but analysts expect that the split could generate renewed interest in the counter in the coming weeks owing to the lower entry price point for new investors
Read More: Nuvama Wealth Management Fixes December 26 as Record Date for First Ever Stock Split
