Regulatory Warning
SEBI issues warning to Nuvama’s material subsidiary
Nuvama Wealth Management informed exchanges that its wholly‑owned material subsidiary, Nuvama Wealth and Investment Ltd (NWIL), received an administrative warning letter from SEBI on May 6, 2026 after a comprehensive inspection (Oct 1, 2024–Sep 30, 2025); the company states there is no impact on financials or operations.




