Nuvama Wealth Management Limited has informed the Exchange regarding Cessation of Mr Anthony Miller as Non- Executive Director of the company w.e.f. April 08, 2025.
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Mr. Anthony Miller (DIN: 08926326) has resigned from the Board of Nuvama Wealth Management Limited as a Non-executive Non-Independent Director. His resignation is effective from the date of receipt of approvals from stock exchanges and other regulators. The reason cited is extensive travel for other professional commitments and challenges of working across different time zones, given that he is based in Hong Kong. He confirmed there are no other material reasons for his exit, and he does not hold directorship in any other listed entity. The company has disclosed this under SEBI Listing Regulations and has attached his resignation letter.
This is a routine, non-executive director exit driven by personal convenience reasons with no governance red flags. Investors are unlikely to see any meaningful impact on stock price or company operations, as he was not part of the executive management or a key managerial personnel.