Key Resolutions Approved

Five special resolutions were approved by shareholders through remote e-voting concluded on August 1, 2026:

1. ESAR Scheme for Company Employees: Approval of "Nuvama Wealth Management Limited Employee Stock Appreciation Rights Scheme 2026" and grant of ESAR units to eligible employees of the Company

2. ESAR for Subsidiary Employees: Grant of ESAR units to eligible employees of subsidiary company(ies)

3. ESAR for Associate Employees: Grant of ESAR units to eligible employees of associate company(ies)

4. Remuneration Revision: Revision of terms of remuneration of Mr. Ashish Kehair (DIN: 07789972), Managing Director and Chief Executive Officer

5. Remuneration Revision: Revision of terms of remuneration of Mr. Shiv Sehgal (DIN: 07112524), Executive Director

Voting Details

Record Date: June 25, 2026

Total Shareholders on Record Date: 119,504

Voting Period: July 3, 2026 (9:00 AM IST) to August 1, 2026 (5:00 PM IST)

Total Outstanding Shares: 182,528,816

Voting Results Summary

| Resolution | Total Votes Polled | % Votes Polled | Votes in Favor | % in Favor | Votes Against | % Against |

| Resolution 1 | 158,636,373 | 86.91% | 145,204,153 | 91.53% | 13,432,220 | 8.47% |

| Resolution 2 | 158,636,373 | 86.91% | 145,349,186 | 91.62% | 13,287,187 | 8.38% |

| Resolution 3 | 158,636,373 | 86.91% | 145,349,169 | 91.62% | 13,287,204 | 8.38% |

| Resolution 4 | 158,636,378 | 86.91% | 144,986,421 | 91.40% | 13,649,957 | 8.60% |

| Resolution 5 | 158,636,378 | 86.91% | 143,779,109 | 90.63% | 14,857,269 | 9.37% |

Category-wise Voting Breakdown

Promoter & Promoter Group: 98,536,725 shares (100% voted in favor across all resolutions)

Public Institutions: 50,149,139 shares held

  • 91.04% votes polled (45,653,509 votes)
  • 70.58-70.90% in favor across ESAR resolutions
  • 67.46% in favor for remuneration resolutions

Public Non-Institutions: 33,842,952 shares held

  • 42.69% votes polled (14,446,139-14,446,144 votes)
  • 99.99% in favor across all resolutions

Scrutinizer's Report

Scrutinizer: Nilesh Shah & Associates, represented by Mr. Nilesh G. Shah (FCS 4554)

Peer Review No: 7810/2026

Date of Report: August 1, 2026

Key findings from scrutinizer report:

  • Voting process conducted fairly and transparently
  • No invalid votes recorded
  • All resolutions passed with requisite majority
  • 404 abstained votes across ESAR resolutions
  • 399 abstained votes across remuneration resolutions

Document Availability

Voting results and scrutinizer report available on:

  • Company website: www.nuvama.com
  • MUFG Intime website: https://instavote.linkintime.co.in