Nippon Life India Asset Management Limited — Others, 14-05-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management Limited has announced a board meeting on May 14, 2025, approving the allotment of 23,151 equity shares under its Employee Stock Option Plan 2019 and Employee Stock Option Scheme 2023. This raises the paid-up equity share capital to 63.47 crore shares of Rs.10 each. The allotment supports employee compensation, aiding talent retention and aligning staff interests with shareholders, while marginally expanding the company’s equity base.