Nuvama Wealth sets record date for its stock split. (Photo source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Nuvama Wealth Management Ltd. has set the record date to determine the eligibility of members for sub-division of stocks or stock split as Dec. 26, 2025, as per an exchange filing on Monday.

One fully paid equity share with a face value of Rs 10 will be split into into five equity shares of face value of Rs 2, as approved by the members of the company, the filing added.

A stock split is a corporate action where a company increases the number of outstanding shares by reducing the face value per share. This typically enhances liquidity as the stock price adjusts accordingly.

While the number of shares increases, the total investment value remains unc

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