Nuvama Wealth Management Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI Depositories and Participants Regulations. The filing demonstrates the company's adherence to mandatory regulatory requirements governing securities dematerialisation processes.

Regulatory Compliance Filing

The certificate was filed under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Sneha Patwardhan submitted the documentation to both BSE Limited and National Stock Exchange of India on April 6, 2026.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate dated April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines.

The certificate validates that security certificates received for dematerialisation were appropriately confirmed or rejected, with physical certificates being mutilated and cancelled after due verification. Additionally, the names of depositories were substituted in the register of members as registered owners according to regulatory requirements.

Corporate Governance

This quarterly filing represents part of Nuvama Wealth Management's ongoing compliance with SEBI regulations governing depositories and participants. The systematic submission of such certificates ensures transparency in securities handling and maintains investor confidence in the company's operational processes.

The documentation confirms that the company's securities infrastructure operates in accordance with established regulatory frameworks, supporting efficient dematerialisation services for shareholders.

Nuvama Wealth Management Limited has announced a significant investment of ₹100,00,00,175 in its wholly-owned subsidiary Nuvama Wealth Finance Limited (NWFL) through subscription in a rights issue of equity shares. The investment was approved by the company and disclosed under Regulation 30 of SEBI Listing Regulations.

Investment Details

The investment structure involves the acquisition of specific equity shares with detailed financial parameters:

The transaction will be conducted on an arm's length basis and does not require any governmental or regulatory approvals. Importantly, there will be no change in the percentage of shareholding, with NWFL continuing to remain a wholly-owned subsidiary of Nuvama Wealth Management.

Subsidiary Performance Overview

Nuvama Wealth Finance Limited demonstrates strong financial performance as a systemically important non-deposit taking Non-Banking Finance Company. The subsidiary reported total revenue of ₹632.68 crores for the year ended March 31, 2025, with a robust net worth of ₹900.70 crores as of the same date.

Three-Year Revenue Trajectory

The revenue data shows consistent growth over the three-year period, reflecting the subsidiary's expanding business operations in the non-banking financial services sector.

Business Profile and Operations

Nuvama Wealth Finance Limited was incorporated on October 27, 1994, and became a wholly-owned subsidiary of Nuvama Wealth Management with effect from May 4, 2020. The company is registered with the Reserve Bank of India and operates exclusively within India.

NWFL is primarily engaged in the business of advancing loans against securities, positioning it strategically within the non-banking financial services industry. The investment is intended for general business purposes of the wholly-owned subsidiary, supporting its continued operations and growth initiatives.

Regulatory Compliance

The investment falls under related party transactions since NWFL is a wholly-owned subsidiary, but does not fall within the ambit of Related Party Transactions as per SEBI Listing Regulations. The promoter, promoter group, and group companies of Nuvama Wealth Management have no interest in the proposed transaction except to the extent of existing shares held by the company in NWFL.