Block Deals: Edel Finance, Ecap Equities likely to sell 7.1% stake in Nuvama Wealth for ₹1,734 crore

The transaction is priced at ₹6,800 per share, reflecting a 6.8% discount to the company’s closing price on December 11, 2024, sources privy to the developments told CNBC-TV18. Shares of Nuvama Wealth Management Ltd ended at ₹7,306.95, down by ₹54.90, or 0.75%, on the BSE.

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