Nuvama Invests ₹100 Crore in NBFC Subsidiary

Nuvama Wealth Management approved ₹100,00,00,175 investment via rights issue subscription in wholly-owned subsidiary Nuvama Wealth Finance Limited.
Investment covers 11,97,605 equity shares at face value ₹10 each at a premium of ₹825 per share; consideration is cash.
NWFL is a Systemically Important Non-Deposit Taking NBFC with FY25 revenues of ₹632.68 Crore and net worth of ₹900.70 Crore.
No change in NWFL shareholding percentage; transaction classified as arm's length and exempt from RPT provisions under SEBI LODR.