Nippon Life India Asset Management Limited — Others, 23-05-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management Limited has announced a board meeting that approved the allotment of 95,692 equity shares under four employee stock option and performance-linked stock unit schemes at various grant prices. This issuance increased the paid-up equity share capital to 63.48 crore shares of Rs.10 face value each. The allotment supports the company’s employee incentive and retention programs, reinforcing its focus on aligning workforce motivation with shareholder value creation.