Nippon Life India Asset Management Allots Shares Under ESOP and PSU Schemes; Paid-Up Capital Increases
Nippon Life India Asset Management Ltd announced that its allotment committee approved several equity share allotments on June 11, 2026. These allotments cover the Employee Stock Option Plan 2019 (ESOP 2019), the Employee Stock Option Scheme 2023 (ESOP 2023), and the Performance Linked Stock Unit Scheme 2023 (PSU 2023).The company allotted a total of 2,97,221 equity shares across these schemes. The details pertaining to each allotment are as follows:
Details of Allotment Under Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (ESOP 2019)
The ESOP 2019 saw the allotment of 2,52,705 equity shares. These allotments were split across two series, with a total amount received of Rs 7,66,08,023.24.
| Sr. No. | No. of equity shares | Face Value (Rs.) | Grant price per equity share (Rs.) | Total Amount received (in Rs.) |
|---|---|---|---|---|
| 1 | 2,47,529 | 10 | 223.32 | 5,52,78,176.28 |
| 2 | 5,176 | 10 | 372.71 | 19,29,146.96 |
Details of Allotment Under Nippon Life India Asset Management Limited - Employee Stock Option Scheme 2023 (ESOP 2023)
The ESOP 2023 allotment included a total of 18,965 equity shares and 5,237 equity shares. The cumulative amount received for these allotments was Rs 1,25,03,834.63.
| Sr. No. | No. of equity shares | Face Value (Rs.) | Grant price per equity share (Rs.) | Total Amount received (in Rs.) |
|---|---|---|---|---|
| 1 | 18,965 | 10 | 499.76 | 94,77,948.40 |
| 2 | 5,237 | 10 | 577.79 | 30,25,886.23 |
Details of Allotment Under Nippon Life India Asset Management Limited - Performance Linked Stock Unit Scheme 2023 (PSU 2023)
The PSU 2023 scheme saw the allotment of 20,314 equity shares, against which a total amount received was Rs 2,03,140.00.
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Impact on Paid-Up Equity Share Capital
Following these allotments, the Issued, Subscribed and Paid-Up Equity Share Capital of Nippon Life India Asset Management Limited has been increased to 63,87,80,167 equity shares of face value Rs 10/- each.
The company’s paid-up equity share capital structure is detailed in the table below:
| Particulars | Number of Equity Shares (Face Value Rs 10/-) | Amount in Rs |
|---|---|---|
| Paid-Up Equity Share Capital as on May 25, 2026 | 63,84,82,946 | 6,38,48,29,460 |
| Add: Allotment of Equity Shares under ESOP 2019, ESOP 2023 and PSU 2023 on June 11, 2026 | 2,97,221 | 29,72,210 |
| Paid-Up Equity Share Capital post allotment | 63,87,80,167 | 6,38,78,01,670 |
The newly allotted 2,97,221 equity shares rank pari passu with the existing Equity Shares of the company in all respects.
NAM-INDIA Stock Price Movement
As of 11:25 AM, Nippon Life India Asset Management Limited sheds value in live trading, with shares slipping 0.73% to ₹1053.80. The equity has seen significant intraday movement, ranging between a low of ₹1049.10 and a high of ₹1061.30, on a volume of 132,373 shares.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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