Nuvama Wealth Management Ltd

⚠️ Nuvama Subsidiary Receives NSE Warning Letter

• Nuvama Wealth and Investment Limited received a warning letter from NSE on February 20, 2026

• Warning relates to observations from a Limited Purpose Inspection conducted in July 2025

• Concerns operational submissions by the subsidiary

• NSE advised the company to avoid recurrence of observations

• No financial, operational, or other impact on Nuvama Wealth Management Limited or its subsidiaries/associates