Nuvama Wealth Management Limited — Board Meeting, 31-01-2025: Outcome of Board Meeting

The Board of Directors of Nuvama Wealth Management Limited has approved the consolidated and standalone financial results for the quarter and nine months ended December 31, 2024. Key financial highlights include a net profit after tax of ₹570.24 crore, reflecting a significant increase from the previous period. The board also decided to seek approval from SEBI to act as a sponsor for Nuvama Mutual Fund, paving the way for future scheme launches. The complete financial results and limited review report have been disclosed, providing transparency to stakeholders.