Announced Tue, 20 May · 20:37 IST

Nuvama Wealth Management Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

NUVAMA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Anthony Miller (DIN: 08926326) has resigned as a Non-executive Non-Independent Director of Nuvama Wealth Management Limited, effective May 20, 2025. The company received all necessary regulatory approvals for the resignation, which was first intimated on April 8, 2025. Mr. Miller cited extensive travel for other professional commitments and challenges of working across different time zones as the reason for stepping down. He does not hold directorships in any other listed entity and confirmed there are no other material reasons for his resignation. He is based in Hong Kong.

Likely market impact

This is a routine non-independent director exit driven by personal time-zone and travel constraints, not governance concerns. It is unlikely to materially affect the stock price or shareholder interests as no key management position is involved.