diff --git a/multiversx_sdk_cli/cli_shared.py b/multiversx_sdk_cli/cli_shared.py
index 75fa665d..d6f87eb9 100644
--- a/multiversx_sdk_cli/cli_shared.py
+++ b/multiversx_sdk_cli/cli_shared.py
@@ -100,7 +100,7 @@ def add_guardian_args(sub: Any):
 
 def add_wallet_args(args: List[str], sub: Any):
     sub.add_argument("--pem", required=check_if_sign_method_required(args, "--pem"), help="🔑 the PEM file, if keyfile not provided")
-    sub.add_argument("--pem-index", default=0, help="🔑 the index in the PEM file (default: %(default)s)")
+    sub.add_argument("--pem-index", type=int, default=0, help="🔑 the index in the PEM file (default: %(default)s)")
     sub.add_argument("--keyfile", required=check_if_sign_method_required(args, "--keyfile"), help="🔑 a JSON keyfile, if PEM not provided")
     sub.add_argument("--passfile", help="🔑 a file containing keyfile's password, if keyfile provided")
     sub.add_argument("--ledger", action="store_true", required=check_if_sign_method_required(args, "--ledger"), default=False, help="🔐 bool flag for signing transaction using ledger")
@@ -111,7 +111,7 @@ def add_wallet_args(args: List[str], sub: Any):
 
 def add_guardian_wallet_args(args: List[str], sub: Any):
     sub.add_argument("--guardian-pem", required=check_if_sign_method_required(args, "--guardian-pem"), help="🔑 the PEM file, if keyfile not provided")
-    sub.add_argument("--guardian-pem-index", default=0, help="🔑 the index in the PEM file (default: %(default)s)")
+    sub.add_argument("--guardian-pem-index", type=int, default=0, help="🔑 the index in the PEM file (default: %(default)s)")
     sub.add_argument("--guardian-keyfile", required=check_if_sign_method_required(args, "--guardian-keyfile"), help="🔑 a JSON keyfile, if PEM not provided")
     sub.add_argument("--guardian-passfile", help="🔑 a file containing keyfile's password, if keyfile provided")
     sub.add_argument("--guardian-ledger", action="store_true", required=check_if_sign_method_required(args, "--guardian-ledger"), default=False, help="🔐 bool flag for signing transaction using ledger")
diff --git a/multiversx_sdk_cli/tests/test_cli_validators.sh b/multiversx_sdk_cli/tests/test_cli_validators.sh
index 69db881c..dad1eb52 100755
--- a/multiversx_sdk_cli/tests/test_cli_validators.sh
+++ b/multiversx_sdk_cli/tests/test_cli_validators.sh
@@ -9,7 +9,7 @@ testAll() {
     echo "Stake with recall nonce"
     ${CLI} --verbose validator stake --pem="${USERS}/alice.pem" --value="2500${DENOMINATION}" --validators-file=./testdata/validators.json --reward-address=${REWARD_ADDRESS} --chain=${CHAIN_ID} --proxy=${PROXY} --estimate-gas --recall-nonce --send || return 1
     echo "Stake with provided nonce"
-    ${CLI} --verbose validator stake --pem="${USERS}/bob.pem" --value="2500${DENOMINATION}" --validators-file=./testdata/validators.json --reward-address=${REWARD_ADDRESS} --chain=${CHAIN_ID} --proxy=${PROXY} --estimate-gas --nonce=5000 --send || return 1
+    ${CLI} --verbose validator stake --pem="${USERS}/bob.pem" --value="2500${DENOMINATION}" --validators-file=./testdata/validators.json --reward-address=${REWARD_ADDRESS} --chain=${CHAIN_ID} --proxy=${PROXY} --estimate-gas --nonce=300 --send || return 1
 
 
     echo "Stake with topUP"
diff --git a/multiversx_sdk_cli/tests/test_cli_wallet.py b/multiversx_sdk_cli/tests/test_cli_wallet.py
index aef3bf74..2e495382 100644
--- a/multiversx_sdk_cli/tests/test_cli_wallet.py
+++ b/multiversx_sdk_cli/tests/test_cli_wallet.py
@@ -298,6 +298,74 @@ def test_verify_not_signed_message(capsys: Any):
     assert all(word in out for word in text)
 
 
+def test_sign_and_verify_message_with_multi_address_pem(capsys: Any):
+    multi_address_pem_path = testdata_path / "multiple_addresses.pem"
+    message = "test"
+
+    return_code = main(["wallet", "sign-message", "--message", message, "--pem", str(multi_address_pem_path), "--pem-index", "0"])
+    out = json.loads(_read_stdout(capsys))
+
+    assert False if return_code else True
+    assert out == {
+        "address": "erd1qyu5wthldzr8wx5c9ucg8kjagg0jfs53s8nr3zpz3hypefsdd8ssycr6th",
+        "message": "test",
+        "signature": "0x7aff43cd6e3d880a65033bf0a1b16274854fd7dfa9fe5faa7fa9a665ee851afd4c449310f5f1697d348e42d1819eaef69080e33e7652d7393521ed50d7427a0e"
+    }
+
+    return_code = main(["wallet", "verify-message",
+                        "--address", "erd1qyu5wthldzr8wx5c9ucg8kjagg0jfs53s8nr3zpz3hypefsdd8ssycr6th",
+                        "--message", message,
+                        "--signature", "0x7aff43cd6e3d880a65033bf0a1b16274854fd7dfa9fe5faa7fa9a665ee851afd4c449310f5f1697d348e42d1819eaef69080e33e7652d7393521ed50d7427a0e"
+                        ])
+    assert False if return_code else True
+
+    out = _read_stdout(capsys)
+    text = """SUCCESS: The message "test" was signed by erd1qyu5wthldzr8wx5c9ucg8kjagg0jfs53s8nr3zpz3hypefsdd8ssycr6th""".split()
+    assert all(word in out for word in text)
+
+    return_code = main(["wallet", "sign-message", "--message", message, "--pem", str(multi_address_pem_path), "--pem-index", "1"])
+    out = json.loads(_read_stdout(capsys))
+
+    assert False if return_code else True
+    assert out == {
+        "address": "erd1spyavw0956vq68xj8y4tenjpq2wd5a9p2c6j8gsz7ztyrnpxrruqzu66jx",
+        "message": "test",
+        "signature": "0x50024bd755f8801e4ffbe76f93e6b8d82220673981cc44952a52bbfa02d262020ce933a2216e0e16e838dc5691f5701a1e0c250279cdae29268344d1523ea805"
+    }
+
+    return_code = main(["wallet", "verify-message",
+                        "--address", "erd1spyavw0956vq68xj8y4tenjpq2wd5a9p2c6j8gsz7ztyrnpxrruqzu66jx",
+                        "--message", message,
+                        "--signature", "0x50024bd755f8801e4ffbe76f93e6b8d82220673981cc44952a52bbfa02d262020ce933a2216e0e16e838dc5691f5701a1e0c250279cdae29268344d1523ea805"
+                        ])
+    assert False if return_code else True
+
+    out = _read_stdout(capsys)
+    text = """SUCCESS: The message "test" was signed by erd1spyavw0956vq68xj8y4tenjpq2wd5a9p2c6j8gsz7ztyrnpxrruqzu66jx""".split()
+    assert all(word in out for word in text)
+
+    return_code = main(["wallet", "sign-message", "--message", message, "--pem", str(multi_address_pem_path), "--pem-index", "2"])
+    out = json.loads(_read_stdout(capsys))
+
+    assert False if return_code else True
+    assert out == {
+        "address": "erd1k2s324ww2g0yj38qn2ch2jwctdy8mnfxep94q9arncc6xecg3xaq6mjse8",
+        "message": "test",
+        "signature": "0x99dd1ebf2bf47a7cb99f362d2458b5c83c727686517c97c877babeb8be7f840c543785edf2f9688a1fc2c076b0887d8ee6d2be7b181bba4dc3984a4ee406fa0f"
+    }
+
+    return_code = main(["wallet", "verify-message",
+                        "--address", "erd1k2s324ww2g0yj38qn2ch2jwctdy8mnfxep94q9arncc6xecg3xaq6mjse8",
+                        "--message", message,
+                        "--signature", "0x99dd1ebf2bf47a7cb99f362d2458b5c83c727686517c97c877babeb8be7f840c543785edf2f9688a1fc2c076b0887d8ee6d2be7b181bba4dc3984a4ee406fa0f"
+                        ])
+    assert False if return_code else True
+
+    out = _read_stdout(capsys)
+    text = """SUCCESS: The message "test" was signed by erd1k2s324ww2g0yj38qn2ch2jwctdy8mnfxep94q9arncc6xecg3xaq6mjse8""".split()
+    assert all(word in out for word in text)
+
+
 def _read_stdout_mnemonic(capsys: Any) -> str:
     return _read_stdout(capsys).replace("Mnemonic:", "").strip()
 
diff --git a/multiversx_sdk_cli/tests/testdata/multiple_addresses.pem b/multiversx_sdk_cli/tests/testdata/multiple_addresses.pem
new file mode 100644
index 00000000..c8e708ef
--- /dev/null
+++ b/multiversx_sdk_cli/tests/testdata/multiple_addresses.pem
@@ -0,0 +1,15 @@
+-----BEGIN PRIVATE KEY for erd1qyu5wthldzr8wx5c9ucg8kjagg0jfs53s8nr3zpz3hypefsdd8ssycr6th-----
+NDEzZjQyNTc1ZjdmMjZmYWQzMzE3YTc3ODc3MTIxMmZkYjgwMjQ1ODUwOTgxZTQ4
+YjU4YTRmMjVlMzQ0ZThmOTAxMzk0NzJlZmY2ODg2NzcxYTk4MmYzMDgzZGE1ZDQy
+MWYyNGMyOTE4MWU2Mzg4ODIyOGRjODFjYTYwZDY5ZTE=
+-----END PRIVATE KEY for erd1qyu5wthldzr8wx5c9ucg8kjagg0jfs53s8nr3zpz3hypefsdd8ssycr6th-----
+-----BEGIN PRIVATE KEY for erd1spyavw0956vq68xj8y4tenjpq2wd5a9p2c6j8gsz7ztyrnpxrruqzu66jx-----
+YjhjYTZmODIwM2ZiNGI1NDVhOGU4M2M1Mzg0ZGEwMzNjNDE1ZGIxNTViNTNmYjVi
+OGViYTdmZjVhMDM5ZDYzOTgwNDlkNjM5ZTVhNjk4MGQxY2QyMzkyYWJjY2U0MTAy
+OWNkYTc0YTE1NjM1MjNhMjAyZjA5NjQxY2MyNjE4Zjg=
+-----END PRIVATE KEY for erd1spyavw0956vq68xj8y4tenjpq2wd5a9p2c6j8gsz7ztyrnpxrruqzu66jx-----
+-----BEGIN PRIVATE KEY for erd1k2s324ww2g0yj38qn2ch2jwctdy8mnfxep94q9arncc6xecg3xaq6mjse8-----
+ZTI1M2E1NzFjYTE1M2RjMmFlZTg0NTgxOWY3NGJjYzk3NzNiMDU4NmVkZWFkMTVh
+OTRjYjcyMzVhNTAyNzQzNmIyYTExNTU1Y2U1MjFlNDk0NGUwOWFiMTc1NDlkODVi
+NDg3ZGNkMjZjODRiNTAxN2EzOWUzMWEzNjcwODg5YmE=
+-----END PRIVATE KEY for erd1k2s324ww2g0yj38qn2ch2jwctdy8mnfxep94q9arncc6xecg3xaq6mjse8-----