BSEOthers2d ago · 3 Sept 2026, 06:46 pm
PFA exchange intimation w.r.t Business Responsibility and Sustainability Reporting
Nuvama Wealth Management Ltd · 543988
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Nuvama Wealth Management Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2026, as per SEBI regulations.
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Nuvama Wealth Management Ltd - 543988 - Business Responsibility and Sustainability Reporting (BRSR)
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NWML/SEC/2027/49
September 3, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block,
Dalal Street, Bandra - Kurla Complex, Bandra (E),
Mumbai - 400 001. Mumbai - 400 051.
BSE Scrip Code: 543988 NSE Symbol: NUVAMA
Subject:- Business Responsibility and Sustainability Report for the FY 2026
Dear Sir(s)/Madam(s),
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed herewith the Business Responsibility
and Sustainability Report (‘BRSR’) for the FY 2026. The same also forms part of the Annual
Report of the Company for FY 2026.
The BRSR has also been uploaded on the Company's website and can be accessed at
www.nuvama.com.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Nuvama Wealth Management Limited
Sneha Patwardhan
Company Secretary and Compliance Officer
Encl: as above
Nuvama Wealth Management Limited
Corporate Identity Number: L67110MH1993PLC344634
Registered Office: 801- 804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051 • Tel No. +91 22 6620 3030 • secretarial@nuvama.com • nuvama.com
Corporate Overview Statutory Reports Financial Statements
04 84 226
III. Operations
Business Responsibility & Sustainability
18. Number of locations where plants and/or operations/offices of the entity are situated:
Reporting (BRSR)
Location Number of plants Number of offices Total
National 0 111 111
International 0 6 6
19. Markets served by the entity:
I. SECTION A: GENERAL DISCLOSURES
a. Number of locations
I. Details of the listed entity
Locations* Number
Particulars FY 2026
No. National (No. of States) 22
1 Corporate Identity Number (CIN) of the Listed L67110MH1993PLC344634 International (No. of Countries) 6
Entity
* The reported locations are based on the Company’s registered and operational office presence as of the end of the
2 Name of the Listed Entity NUVAMA WEALTH MANAGEMENT LIMITED
reporting period. Offices are established in states and countries based on business requirements, and the count reflects
3 Year of incorporation 1993 the number of states in India and countries outside India where such operational presence exists.
4 Registered office address 801-804, Wing A, Building No. 3, Inspire BKC, G Block, b. What is the contribution of exports as a percentage of the total turnover of the entity?
Bandra Kurla Complex, Bandra East, Mumbai – 400051
2.11 %
5 Corporate address 801-804, Wing A, Building No. 3, Inspire BKC, G Block,
Bandra Kurla Complex, Bandra East, Mumbai – 400051 Note: Calculated basis the audited consolidated financial statements of the Company, which includes numbers for the
Company and its subsidiaries and excludes associate and joint venture companies
6 E-mail esg@nuvama.com
7 Telephone 022-6620-3030 c. A brief on types of customers
8 Website www.nuvama.com N uvama is a leading integrated wealth management company in India, serving ultra-high-net-worth families,
9 Financial year for which reporting is being done 2025-26 high-net-worth and affluent individuals, family offices, corporates, and institutions. The diversified scaled
10 Name of the Stock Exchange(s) where shares are National Stock Exchange of India Limited and BSE platform spans Wealth Management, Asset Management, Asset Services, and Capital Markets, providing
listed Limited comprehensive solutions to meet the evolving needs of our clients.
11 Paid-up Capital ₹36,40,83,026
The Company’s clientele is distributed across the following business verticals:
12 Name and contact details (telephone, email Name: Rashmi Nagori
address) of the person who may be contacted in Designation: Head ESG & CSR • Wealth Management
case of any queries on the BRSR report Email: esg@nuvama.com
Nuvama Private (Ultra-High-Net-Worth Clients):
13 Reporting boundary - Are the disclosures under The disclosures in this report are presented on
This segment serves more than 4750+ families, including entrepreneurs, business owners, family offices,
this report made on a standalone basis (i.e. only a consolidated basis, covering Nuvama Wealth
CXOs, professional investors, and institutions.
for the entity) or on a consolidated basis (i.e. for Management Limited and its wholly owned subsidiaries,
the entity and all the entities which form a part Associate and Joint Venture companies. Refer point no
of its consolidated financial statements, taken 23 (a) of this report. Nuvama Wealth (Affluent and High-Net-Worth Clients):
together) W ith a client base exceeding 1.3 million, this segment primarily caters to salaried professionals and owners
14 Name of assurance provider Vinay & Keshava LLP of small and medium-sized enterprises.
15 Type of assurance obtained Limited Assurance on BRSR Core Indicators
• Nuvama Asset Management
II. Products/services The asset management division serves institutions, family offices, UHNIs, and HNIs. Products are distributed
16. Details of business activities (accounting for 90% of the turnover): through both internal channels, such as Nuvama Private and Nuvama Wealth, and external distribution
partners.
Sr. Description of % of Turnover
Description of Business Activity
No. Main Activity of the Entity • Nuvama Asset Services
1 Financial Financial services across Wealth Management, Asset Management, 100% T he Asset Services business delivers clearing and custody solutions to over 275 clients, including domestic
Services Asset Services, and Capital Markets
and international institutional investors. Internationally, the Company serves foreign portfolio investors,
while domestically, its clientele mainly includes alternate investment funds and portfolio managers.
17. Products/Services sold by the entity (accounting for 90% of the entity’s turnover):
• Nuvama Capital Markets
Sr. % of total Turnover
Product/Service NIC Code
No. Contributed The capital markets division comprises institutional equities and investment banking services. It supports
1 Financial services across Wealth Management, Asset 66190 100% more than 900 corporates and institutions, providing comprehensive financial solutions backed by deep
Management, Asset Services, and Capital Markets market expertise.
O verall, Nuvama serves a wide spectrum of clients across multiple business segments, demonstrating
its commitment to delivering personalized financial solutions and exceptional service across its diverse
range of offerings. Additional details can be found in the Company’s business overview section.
176 Nuvama Wealth Management Limited Annual Report 2025-26 177
Corporate Overview Statutory Reports Financial Statements
04 84 226
IV. Employees V. Holding, Subsidiary and Associate Companies (including Joint Ventures)
20. Details as at the end of Financial Year: 23. (a) Names of holding / subsidiary / associate companies / joint ventures
a. Employees and workers (including differently abled): Does the entity
% of indicated at column
Sr. Total Male Female Indicate whether
Particulars Name of the holding / subsidiary shares A, participate
No. (A) No. (B) % (B / A) No. (C) % (C / A) Sr. / associate companies / joint holding/subsidiary/ held by in the Business
No. Associate/ Joint
EMPLOYEES ventures (A) listed responsibility
Venture
entity initiatives of the listed
1 Permanent (D) 3,435 2,521 73% 914 27%
entity? (Yes/No)
2 Other than Permanent (E) 385 322 84% 63 16%
1 Nuvama Clearing Services Limited Wholly Owned Subsidiary 100% Yes
3 Total employees (D + E) 3,820 2,843 74% 977 26%
2 Nuvama Wealth Finance Limited Wholly Owned Subsidiary 100% Yes
WORKERS*
3 Nuvama Wealth and Investment Wholly Owned Subsidiary 100% Yes
4 Permanent (F) NA NA NA NA NA Limited
5 Other than Permanent (G) NA NA NA NA NA 4 Nuvama Asset Management Limited Wholly Owned Subsidiary 100% Yes
6 Total workers (F + G) NA NA NA NA NA 5 Nuvama Capital (IFSC) Services Wholly Owned Subsid
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