Nuvama Wealth Management Limited — Others, 31-07-2025: News Verification

Nuvama Wealth Management has clarified reports regarding an Income Tax search. The company confirmed that the Income Tax Department is conducting a survey at its Registered Office. Nuvama stated it is fully cooperating with authorities and providing all necessary information. The survey is ongoing, and the company will issue further updates if required. Importantly, Nuvama emphasized that its business operations continue as usual. This announcement addresses recent news about the company, providing an official update for investors on the current situation.