NSEGeneral Updates18 Jul 2026 · 18 Jul 2026, 11:49 am

General Updates

Nuvama Wealth Management Limited · NUVAMA

✦ AI Summary▼ NegativeRegulatory

Nuvama Wealth Management Limited has received an Administrative Warning from Securities Exchange Board of India for strengthening documentation and improving processes in handling public issues as a merchant banker.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10

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Nuvama Wealth Management Limited has informed the Exchange about General Updates

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NWML_18072026114918_SE_Warning-SEBI-NWML.pdf

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NWML/SEC/2027/32 July 18, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th 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: - Intimation under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) Dear Sir(s) / Madam(s), Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, we would like to inform the Exchanges that the Company has received an Administrative Warning on July 17, 2026, from Securities Exchange Board of India in connection with the inspection of public issues handled by the Company as a Merchant Banker, indicating the Company to be careful and avoid recurrence of the observations in future. There is no impact on the financials, operations or other activities of the Company or its subsidiaries/associates, pursuant to the above letter. The details as required under Regulation 30 of the Listing Regulations are attached as Annexure – I. 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 Annexure I Name of the authority Securities and Exchange Board of India Nature and details of the action(s) taken, initiated or Administrative Warning indicating the Company to order(s) passed be careful and avoid recurrence of the observations in future. Date of receipt of direction or order, including any ad- July 17, 2026 interim or interim orders, or any other communication from the authority Details of the violation(s)/contravention(s) committed The observations are related to public issues handled or alleged to be committed by the Company as merchant banker and pertain to strengthening the documentation and further improving the process. Company has been advised to be careful in future and avoid recurrence of the observations. Impact on financial, operation or other activities of the No impact listed entity, quantifiable in monetary terms to the extent possible. 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