Nippon Life India Asset Management Limited — Others, 24-03-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management Limited has announced a board meeting where the Allotment Committee approved the issuance of 1,01,956 equity shares under its Employee Stock Option Plans (ESOP) for 2017 and 2019. Notably, 97,136 shares were allotted under the 2017 ESOP, and 4,820 shares under the 2019 plan, raising approximately ₹2.35 crore for the company. Following this allotment, the paid-up equity share capital increases to ₹634.70 crore, enhancing liquidity. This move can positively influence investor sentiment, reflecting the company’s commitment to employee incentives and potentially boosting overall valuation.