Pursuant to Regulation 30 of the Listing Regulations, Nuvama Wealth Management has informed that Acuite Ratings & Research (‘ACUITE’), the credit rating agency, has upgraded the longterm rating assigned to the Non-Convertible Debentures of Nuvama Wealth and Investment, Material Wholly owned Subsidiary of the Company, from ‘ACUITE AA-/Stable’ to ‘ACUITE AA/Stable’. The above rating rationale issued by ACUITE is hosted on their website.
The above information is a part of company’s filings submitted to BSE.
