Nuvama Wealth to Invest ₹700 Cr in Subsidiaries

Nuvama Wealth Management Limited announced that its Board of Directors has approved investments of up to ₹400 crores in its wholly-owned subsidiary, Nuvama Wealth Finance Limited (NWFL), and up to ₹300 crores in Nuvama Wealth and Investment Limited (NWIL). These investments will be made in one or more tranches through subscription in equity shares. The company also reported its unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2026. For Q2 FY27, the company reported a 26% YoY increase in operating profit after tax to ₹319 Cr, with H1 FY27 PAT rising 21% YoY to ₹625 Cr. Client assets reached ₹5.5 trillion, a 25% YoY increase.