Nuvama Wealth Management Limited — Others, 10-05-2025: Action(s) initiated or orders passed

Nuvama Wealth Management Limited has announced a board meeting. The company received an observation letter and penalty from the National Stock Exchange for a five-day delay in reporting the opening of a bank account during an inspection. This administrative lapse does not affect the company’s financials or operations and highlights the need for stricter compliance measures to avoid future delays.