Nuvama Wealth Management Limited has informed the Exchange about Credit Rating

CARE Ratings has upgraded Nuvama Wealth Management's long-term rating from 'CARE AA-/Stable' to 'CARE AA/Stable', reflecting improved creditworthiness. The short-term rating has been reaffirmed at the highest level of 'CARE A1+'. The same upgrade was also applied to three material subsidiaries: Nuvama Wealth Finance Limited, Nuvama Wealth and Investment Limited, and Nuvama Clearing Services Limited, all moving from AA- to AA on long-term instruments with A1+ reaffirmed on short-term ones. The upgrade signals greater financial strength and lower default risk across the Nuvama group. CARE's detailed rating rationale is available on its website for investors who want to dig deeper.