Credit Rating

NWML/SEC/2027/24 June 19, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Exchange Plaza, 5th Floor, Plot C/1, G Block, Tower, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. BSE Scrip Code: 543988 NSE Symbol: NUVAMA Subject: - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) Dear Sir(s)/Madam(s), Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that CRISIL Ratings Limited (“CRISIL”), the credit rating agency, has upgraded/re-affirmed the following ratings of the Company vide its press release dated June 19, 2026:- Issuer/Instrument Old Rating with Rating assigned Rating Action Type Outlook with Outlook Long Term Crisil AA- Crisil AA/Stable Rating upgraded and Rating /Positive outlook changed Short Term Rating Crisil A1+ Crisil A1+ Rating reaffirmed Commercial Paper Crisil A1+ Crisil A1+ Rating reaffirmed Further, CRISIL has also upgraded/reaffirmed its rating of following material subsidiaries of the Company as per details mentioned below: Subsidiary Long Term/ Old Rating Rating assigned Rating Name Short Term with Outlook with Outlook Action Nuvama Wealth Long Term CRISIL AA- CRISIL Rating upgraded Finance Limited /Positive AA/Stable and outlook changed Short CRISIL CRISIL A1+ Rating reaffirmed Term A1+ Nuvama Wealth Long CRISIL AA- CRISIL Rating upgraded and Investment Term /Positive AA/Stable and outlook Limited changed Short CRISIL A1+ CRISIL A1+ Rating reaffirmed Term 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 Subsidiary Long Term/ Old Rating Rating assigned Rating Name Short Term with Outlook with Outlook Action Nuvama Long Term CRISIL AA- CRISIL Rating upgraded Clearing Services /Positive AA/Stable and outlook Limited changed Short Term CRISIL A1+ CRISIL A1+ Rating reaffirmed The above rating rationale issued by CRISIL for the respective entities is hosted on their website as under:- Nuvama Wealth Company Factsheet Management Limited Nuvama Wealth Finance Company Factsheet Limited Nuvama Wealth and Company Factsheet Investment Limited Nuvama Clearing Company Factsheet Services Limited Kindly take the same on record. Thanking you, Yours faithfully, For Nuvama Wealth Management Limited Sneha Patwardhan Company Secretary and Compliance Officer 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