Nuvama Wealth Management Merger & Restructuring Worth ₹2.08 Cr
Nuvama Wealth Management will acquire an additional 26% stake in subsidiary Pickright Technologies for ₹2.08 Crore in cash.
- Value
- ₹2.08 Cr
- Execution
- Tentatively within 2 months
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
49 announcements with these filters
Nuvama Wealth Management will acquire an additional 26% stake in subsidiary Pickright Technologies for ₹2.08 Crore in cash.
Nuvama Wealth Management reported Q1 FY27 consolidated results with revenue of ₹909 Crore and net profit of ₹306 Crore. Client assets surpassed ₹5 lakh crore.
Nuvama Wealth Management Ltd reported revenue from operations of ₹1,376 Cr (+22.6% YoY) and net profit of ₹305.6 Cr (+15.8% YoY) for Q1 FY27.
Acuite Ratings & Research has upgraded the credit rating of Nuvama's subsidiary's Non-Convertible Debentures. The rating improved from AA-/Stable to AA/Stable.
Nuvama Wealth Management has allotted 67,745 equity shares upon the exercise of employee stock options and appreciation rights. This increases the company's total outstanding equity share capital.
Nuvama Wealth Management Ltd reported revenue from operations of ₹328.5 Cr (-0.7% YoY) and net profit of ₹173.6 Cr (+12.9% YoY) for Q1 FY27.
Nuvama Wealth Management has scheduled a board meeting on July 30, 2026, to consider financial results and approve potential fundraising via non-convertible debentures.
Nuvama Wealth Management received an administrative warning from SEBI regarding documentation for past public issues. The company confirmed no financial or operational impact from this event.
Nuvama Wealth Management's promoter PAG Ecstasy pledged 6,18,85,880 shares. This encumbrance was disclosed within the June 2026 quarterly shareholding pattern filing.
Nuvama Wealth Management issued a postal ballot notice. Members will vote on granting ESARs to eligible employees via remote e-voting.
Nuvama Wealth's subsidiary received a Rs.0.11 Crore penalty from NSE Clearing. The company confirms no financial or operational impact.
Nuvama Wealth Management received SEBI registration to launch its mutual fund business. This milestone allows the group to expand its integrated wealth and asset management offerings.
Nuvama Wealth Management Limited allotted 84,985 equity shares upon the exercise of ESOPs and ESARs. The allotment slightly expands the company's total paid-up equity capital base.
Nuvama Wealth Management submitted its Annual Secretarial Compliance Report for FY2026. The report confirmed compliance with SEBI regulations with no material non-compliance observations noted.
Nuvama Wealth Management allotted 71,851 equity shares following employee stock option exercises. This issuance slightly increases the company's total paid-up equity share capital.
Nuvama reported FY26 revenue of US$ 343 Mn (+8% YoY) and Operating PAT of US$ 115 Mn (+6% YoY), driven by structural growth in its integrated wealth platform.
Nuvama Wealth Management appointed Protiviti India Member Private Limited as Internal Auditor for 12 months. This engagement strengthens corporate governance and risk management frameworks.
Nuvama Wealth Management appointed M/s. Protiviti India Member Private Limited as internal auditors for FY 2026-27. The board approved the selection following Audit Committee recommendations.
Nuvama Wealth Management posted record operating PAT of ₹1,050cr for FY26, driven by a 23% profit surge in Wealth Management and stabilization of Asset Services.