Nuvama Wealth Management Limited has disclosed to stock exchanges that its wholly owned material subsidiary received a regulatory warning from the National Stock Exchange of India Limited. The disclosure was made on February 21, 2026, in compliance with listing regulations.

Regulatory Action Details

Nuvama Wealth and Investment Limited (NWIL), the subsidiary in question, received the warning letter on February 20, 2026. The regulatory action stems from observations made during a limited purpose inspection conducted by NSE in July 2025.

Inspection Findings

The NSE warning relates to operational submissions made by NWIL. The exchange conducted its limited purpose inspection during July 2025, which resulted in certain observations regarding the subsidiary's operational compliance. Following the inspection, NSE has advised NWIL to exercise greater care and ensure that similar issues do not recur in the future.

Company's Response and Impact Assessment

Nuvama Wealth Management Limited has categorically stated that the warning letter will have no impact on the company's financial performance, operations, or other business activities. The company has also confirmed that there will be no effect on its subsidiaries or associate companies as a result of this regulatory communication.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company secretary and compliance officer, Sneha Patwardhan, signed the regulatory filing, ensuring proper compliance with disclosure requirements. The company has requested stock exchanges to take the information on record and maintain transparency with stakeholders regarding this regulatory development.

Nuvama Wealth Management Limited delivered a comprehensive keynote presentation at the Nuvama India Conference 2026 on February 10, 2026, at Grand Hyatt, Mumbai. The presentation was delivered by Mr. Ashish Kehair, MD and CEO of Nuvama Group, providing insights into the company's strategic positioning and growth outlook.

Conference Presentation Details

The company informed stock exchanges about its participation in the conference through a regulatory filing under Regulation 30. Company Secretary and Compliance Officer Sneha Patwardhan confirmed that no unpublished price-sensitive information would be shared during the conference.

Strategic Business Overview

The presentation highlighted Nuvama's integrated multi-segment business model operating under the "One Nuvama" culture. The company operates across four key segments serving different client categories through specialized business units.

Financial Performance Highlights

The company showcased strong financial growth over the past five years, with revenues tripling and profits increasing five-fold. The presentation revealed significant improvements in operational efficiency and shareholder returns.

Market Position and Growth Strategy

Nuvama highlighted its market leadership positions across segments, including being the number one player in HNI and Affluent segments and number two in UHNI segment. The company outlined ambitious growth plans for the next 3-5 years, including doubling relationship manager capacity and expanding offshore operations.

Share Capital Update

Separately, the company had earlier allotted 1,67,230 equity shares to employees through ESOP exercise on February 3, 2026, increasing the total equity shares from 18,18,47,953 to 18,20,15,183 shares with a face value of ₹2 each.