Nuvama Wealth and Investment Limited received a SEBI warning letter on May 6, 2026, following a comprehensive inspection.
The inspection covered broking and depository operations including cybersecurity for the period October 2024 to September 2025.
SEBI instructed the subsidiary to be careful and avoid recurrence of the observations noted during the inspection.
The company stated there is no financial or operational impact on Nuvama Wealth Management Limited or its subsidiaries.