General Ved Prakash Malik To Conclude Tenure as Independent Director at Nippon Life India Asset Management
Nippon Life India Asset Management Ltd has announced that General Ved Prakash Malik (Retd.) will cease to hold office as an Independent Director of the company. The transition is due to the completion of his second term as an Independent Director.The change is effective from the close of business hours on April 21, 2026.
The company's management acknowledged General Ved Prakash Malik's valuable contribution and guidance during his association with the firm.
General Ved Prakash Malik, who holds DIN: 00006628, is concluding his tenure after fulfilling his second term as an Independent Director.
The details of the change in directorship are as follows:
| Detail | Information |
|---|---|
| Director Name | General Ved Prakash Malik (Retd.) |
| Reason for Change | Cessation on account of completion of second term as an Independent Director of the Company. |
| Cessation Date | Effective from the close of business hours on April 21, 2026. |
NAM-INDIA Stock Price Movement
Nippon Life India Asset Management Limited shares rallied today, settling at ₹1055.35, marking a notable gain of 5.20%. The stock achieved strong momentum on 2.25 million shares traded, pushing the asset past its critical 52-week high of ₹1061.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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