Nippon Life India Asset Management boosts capital via ESOP allotments

On November 20, 2025, Nippon Life India Asset Management Limited’s allotment committee approved the allotment of 288,367 equity shares across four distinct employee schemes. This includes 143,741 shares under the NAM INDIA ESOP 2017, generating a total of INR 29,107,552.50, and 136,879 shares under the NAM INDIA ESOP 2019, contributing a total of INR 53,368,919.28.

Additionally, 4,545 equity shares were allotted under the NAM INDIA ESOP 2023, raising INR 2,271,409.20, and 3,202 shares under the NAM INDIA PSU 2023, totaling INR 32,020.00. These allotments were executed at various grant prices, including premiums, with a face value of INR 10 per share.

As a direct result of these allotments, the company's issued, subscribed, and paid-up equity share capital has increased from 636,704,470 to 636,992,837 equity shares, each with a face value of INR 10. The total paid-up equity share capital post-allotment now stands at INR 6,369,928,370, reflecting a capital increase of INR 2,883,670. The newly allotted shares will rank pari passu with the existing equity shares.