Nuvama Wealth Management Ltd: Demerger Darling or Distributed-Duration Dud? A Post-Listing Deep Dive
--- Nuvama Wealth Management Ltd (formerly known as Edelweiss Wealth Management, and before that ECL Finance's wealth arm) is a full-stack Indian wealth management and investment services franchise that was hived out of the Edelweiss Group through a composite scheme of arrangement and listed on the Indian bourses in **September 2023**. The demerger was structured such that Edelweiss Financial Services Ltd shareholders received **1 equity share of Nuvama for every 1 equity share held in Edelweiss