Nippon Life India Asset Management expands equity capital with employee stock option allotments

Nippon Life India Asset Management Ltd. (NAM) announced on December 12, 2025, the allotment of 41,652 equity shares, each with a face value of INR 10, under its employee stock option plans. This includes 32,463 shares under the NAM INDIA ESOP 2017, 8,696 shares under the NAM INDIA ESOP 2019, and 493 shares under the NAM INDIA ESOP 2023.

The allotments resulted in a total amount received of INR 65,73,757.50 for the 2017 ESOP, INR 23,09,311.16 and INR 9,73,200.00 for the 2019 ESOP tranches, and INR 2,46,381.68 for the 2023 ESOP. The grant prices for these shares ranged from INR 202.50 to INR 499.76 per equity share, including premium.

Following these allotments, the company's Issued, Subscribed, and Paid-Up Equity Share Capital has increased to 63,70,34,489 equity shares, each with a face value of INR 10. The total Paid-Up Equity Share Capital post-allotment now stands at INR 6,37,03,44,890. All new equity shares rank pari passu with the existing equity shares of the company.