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.
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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/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