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Nuvama Wealth Subsidiary Fined by NSE; No Operational Impact

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Nuvama Wealth Subsidiary Fined by NSE; No Operational Impact

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The latest announcement is out from Nuvama Wealth Management Limited ( (IN:NUVAMA) ).

Nuvama Wealth Management Limited announced that its wholly owned subsidiary, Nuvama Wealth and Investment Limited, has been fined Rs. 3,20,500 by the National Stock Exchange of India Limited due to a compliance issue identified during a limited purpose inspection. The company clarified that this penalty does not affect its financials, operations, or other activities, indicating a limited impact on its overall business operations and stakeholder interests.

More about Nuvama Wealth Management Limited

Nuvama Wealth Management Limited operates in the financial services industry, focusing on wealth management solutions. The company offers a range of investment and financial advisory services, catering to individuals and institutional clients.

Average Trading Volume: 6,608

Technical Sentiment Signal: Strong Buy

Current Market Cap: 260.4B INR

See more data about NUVAMA stock on TipRanks’ Stock Analysis page.

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