Nuvama Wealth Management’s stock market debut on September 26

​​The demerger of the wealth management business was completed following the approval from the National Company Law Tribunal (NCLT) on April 27. ​​The scheme of arrangement came into effect on May 18, 2023. Post the demerger, Nuvama plans to enhance focus on its key business segments and grow the client assets significantly over the next 5 years.