Nippon Life India Asset Management Limited — Others, 10-06-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management Limited has announced a board meeting approving the allotment of 2,22,742 equity shares under its ESOP 2017, 2019, and Performance Linked Stock Unit Scheme 2023. The issue raised over Rs. 4.82 crore, increasing the paid-up equity share capital to 635.04 crore shares of Rs. 10 each. This allotment supports employee incentives and aligns their interests with shareholders, indicating continued focus on retention and performance motivation.