Nuvama Wealth Management Limited has announced an interim dividend of Rs. 70 per equity share, as approved during the Board meeting on November 4, 2025. The dividend will be applicable for the financial year 2025-26 and is set to be disbursed on or before December 3, 2025. The record date for eligibility to receive the dividend has been fixed for November 11, 2025. The announcement follows the release of the company's consolidated and standalone unaudited financial results for the quarter and half year ended September 30, 2025, which were also reviewed in the meeting.
In addition to the dividend declaration, the Board approved a share split, whereby one equity share with a face value of Rs. 10 will be subdivided into five shares with a face value of Rs. 2 each. This decision is pending approval from the company's members through a postal ballot, and the record date for the split will be communicated after this approval is obtained. Nuvama Wealth Management is following all necessary regulations as stipulated by the Securities and Exchange Board of India (SEBI).
Furthermore, the Board has sanctioned an investment of Rs. 200 crores towards subscribing to the rights issue of its wholly owned subsidiary, Nuvama Wealth Finance Limited. The financial results revealed total assets of Rs. 5,863.87 crores as of September 30, 2025, along with a total net profit after tax of Rs. 34.82 crores for the quarter. The company aims to enhance its financial standing through these strategic moves while continuing to comply with all regulatory requirements.