Nuvama Wealth Management Ltd

Nuvama Subsidiary Faces ₹8.7L Penalty from NSE ⚖️

• Nuvama Wealth and Investment Limited received ₹8,69,600 penalty from National Stock Exchange of India on April 22, 2026

• Penalty relates to operational issues with Margin Statements & Reporting

• Issues identified during joint SEBI, Exchange, and Depository inspection from December 2023 to September 2024

• Company is filing review application seeking penalty waiver

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