Nippon Life India allots 57,654 equity shares under employee schemes

Nippon Life India Asset Management Limited announced on November 12, 2025, the allotment of a total of 57,654 new equity shares, each with a face value of Rs. 10. These allotments were made under various employee stock option and performance linked stock unit schemes.

Specifically, 13,250 equity shares were allotted under the NAM INDIA ESOP 2017 scheme at a grant price of Rs. 202.50 per share, totaling Rs. 26,83,125.00. An additional 32,450 equity shares were issued under the NAM INDIA ESOP 2019 scheme, comprising multiple tranches with grant prices ranging from Rs. 223.32 to Rs. 389.28, accumulating to Rs. 92,04,412.75.

Furthermore, 8,974 equity shares were allotted under the NAM INDIA ESOP 2023 scheme at Rs. 499.76 per share, amounting to Rs. 44,84,846.24. Finally, 2,980 equity shares were issued under the NAM INDIA PSU 2023 scheme at Rs. 10 per share, totaling Rs. 29,800.00.

As a result of these allotments, the issued, subscribed, and paid-up equity share capital of the company has increased to 63,67,04,470 equity shares, with a total value of Rs. 6,36,70,44,700. These newly allotted shares will rank pari passu with the existing equity shares of the company.