Nippon Life India Asset Management Limited — Others, 13-08-2025: ESOP/ESOS/ESPS

Nippon Life India Asset Management's Allotment Committee has issued 5,46,930 new equity shares under various Employee Stock Option Plans (ESOP 2017, 2019, 2023) and a Performance Linked Stock Unit Scheme (PSU 2023). This allotment increases the company's total paid-up equity share capital to 63,59,01,568 shares. The company received approximately Rs 12.43 crore from these share issuances. This move is a common way to incentivize and retain employees, linking their performance to the company's growth and value for shareholders.