NUVCAMA : CORPORATE FILING REGARDING NSE ORDER

• Nuvama Wealth Management Limited informed exchanges about an order passed by NSE Clearing Limited regarding its wholly-owned subsidiary, Nuvama Clearing Services Limited (NCSL). • The order pertains to an appeal filed by NCSL for waiver of a penalty of ₹10,84,438.40, due to non-submission of client collateral segregation data. • The Appeal Panel rejected NCSL's appeal, upholding the penalty. • The details of the violation/contravention relate to a review request raised for penalty due to non-submission of client collateral segregation data by a trading member affiliated to NCSL in the F&O segment. • There is no impact on the financials, operations or other activities of Nuvama Wealth Management Limited or its subsidiaries/associates.

Nuvama Wealth Management Limited

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