Nippon Life India Asset Management Limited — Others, 23-06-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management has announced a board meeting to approve the allotment of 3,10,421 equity shares under its Employee Stock Option Plans (2017, 2019, 2023) and Performance Linked Stock Unit Scheme 2023. The shares were allotted at varying grant prices, raising over Rs. 11.79 crore collectively. Following this, the paid-up equity share capital increased to 63.53 crore shares worth Rs. 6,353.5 crore. This share issuance supports employee incentivization and retention, reflecting ongoing commitment to align employee interests with shareholder value.