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Nippon Life India Asset Management informs about allotment of ESOP

10 Mar 2025 Evaluate
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Nippon Life India Asset Management has informed that the Allotment Committee, has today i.e. on March 10, 2025, at 11.12 am (being the time of last approval) approved the following allotments: (1) 74,698 Equity Shares of Face Value Rs 10 each under “Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 (NAM INDIA ESOP 2017) [formerly known as Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017], details of which are enclosed; (2) 21,905 Equity Shares of Face Value Rs 10 each under 'Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (NAM INDIA ESOP 2019) [formerly known as Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2019], details of which are enclosed. Consequently, with effect from March 10, 2025, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 63,44,94,768 Equity Shares of Face Value Rs 10 each as details enclosed. The above 96,603 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.

The above information is a part of company’s filings submitted to BSE.
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