Mumbai, Nov. 6 -- The board of Nuvama Wealth Management at its meeting held on 06 November 2026 has approved the following:

- investment of an amount not exceeding Rs. 400 crore, in one or more tranches, through subscription in the equity shares of Nuvama Wealth Finance (NWFL), a wholly owned material subsidiary of the Company.

- investment of an amount not exceeding Rs. 300 crore, in one or more tranches, through subscription in the equity shares of Nuvama Wealth and Investment (NWIL), a wholly owned material subsidiary of the Company.

Published by HT Digital Content Services with permission from Capital Market....