Nippon Life India allots shares under employee stock option plans

Nippon Life India Asset Management Limited’s Allotment Committee approved the allotment of 429,494 equity shares on September 12, 2025. This includes 204,622 equity shares under the NAM INDIA ESOP 2017, generating INR 4,14,35,955.00, and 202,619 equity shares under the NAM INDIA ESOP 2019. The NAM INDIA ESOP 2019 allotment generated INR 3,97,84,234.68, INR 67,84,440.13 and INR 24,39,617.76 across three tranches.

Further allotments include 10,385 equity shares under the NAM INDIA ESOP 2023, raising INR 51,90,007.60, and 11,868 equity shares under the NAM INDIA PSU 2023, which generated INR 1,18,680.00. These allotments, each with a face value of INR 10/-, result in a total increase in the company's paid-up equity share capital.

As a result of these allotments, the Issued, Subscribed, and Paid-Up Equity Share Capital of Nippon Life India Asset Management Limited now stands at 63,64,91,424 equity shares of INR 10/- each, totaling INR 6,36,49,14,240. The newly allotted shares will rank pari passu with existing equity shares.