Nuvama Wealth Management Limited — Important, 19-06-2025: General Updates

Nuvama Wealth Management’s wholly-owned subsidiary, Nuvama Wealth and Investment Limited, has been fined Rs. 1.10 lakh by NSE due to observations from inspections related to business activities and authorized persons. The penalty has no impact on the company’s financials or operations. Management has been advised to prevent such issues going forward.