Nippon Life India Asset Management Ltd Approves Allotment of Equity Shares Through Multiple Employee Schemes
Nippon Life India Asset Management Ltd announced on May 11, 2026, that its Allotment Committee approved the allotment of equity shares under three distinct schemes: the Employee Stock Option Plan 2019, the Employee Stock Option Scheme 2023, and the Performance Linked Stock Unit Scheme 2023.The allotments totaled a combined 1,73,481 equity shares, with a face value of Rs.10/- each.
Details of Equity Share Allotments
The company outlined the specifics for each allotment:1. Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (NAM INDIA ESOP 2019)
A total of 1,33,690 equity shares were allotted under the ESOP 2019. The details of the amount received are as follows:
| Sr. No. | No. of equity shares | Face Value (Rs.) | Grant price per equity share (Rs.) (Including premium) | Total Amount received (in Rs.) |
|---|---|---|---|---|
| 1 | 31,012 | 10 | 223.32 | 69,25,599.84 |
| 2 | 770 | 10 | 247.6 | 1,90,652.00 |
| 3 | 1,01,908 | 10 | 372.71 | 3,79,82,130.68 |
2. Nippon Life India Asset Management Limited - Employee Stock Option Scheme 2023 (NAM INDIA ESOP 2023)
The allotment under the ESOP 2023 granted 26,408 equity shares. The amount received from this allotment is detailed in the table below:
| Sr. No. | No. of equity shares | Face Value (Rs.) | Grant price per equity share (Rs.) (Including premium) | Total Amount received (in Rs.) |
|---|---|---|---|---|
| 1 | 19,620 | 10 | 499.76 | 98,05,291.20 |
| 2 | 6,788 | 10 | 577.79 | 39,22,038.52 |
3. Nippon Life India Asset Management Limited - Performance Linked Stock Unit Scheme 2023 (NAM INDIA PSU 2023)
A total of 13,383 equity shares were allotted under the PSU 2023. The total amount received for this allotment was Rs. 1,33,830.00.
| Sr. No. | No. of equity shares | Face Value (Rs.) | Grant price per equity share (Rs.) | Total Amount received (in Rs.) |
|---|---|---|---|---|
| 1 | 13,383 | 10 | 10 | 1,33,830.00 |
Capital Structure Update
Following the successful allotment of shares through these schemes, the Issued, Subscribed and Paid-Up Equity Share Capital of the company increased substantially.The total paid-up equity share capital post allotment stands at 63,82,89,477 equity shares of face value Rs.10/- each.
The details of the capital change are summarized below:
| Particulars | No. of Equity Shares of Face Value Rs. 10/- (Rupees Ten Only) each | Amount in Rs. |
|---|---|---|
| Paid-Up Equity Share Capital of the Company, as on March 23, 2026 | 63,81,15,996 | 6,38,11,59,960 |
| Add: Allotment of Equity Shares under NAM INDIA ESOP 2019, NAM INDIA ESOP 2023 and NAM INDIA PSU 2023 on May 11, 2026 | 1,73,481 | 17,34,810 |
| Paid-Up Equity Share Capital post above allotment | 63,82,89,477 | 6,38,28,94,770 |
The 1,73,481 newly allotted equity shares rank pari passu with the existing equity shares of the company in all respects.
NAM-INDIA Stock Price Movement
As of 1:51 PM, Nippon Life India Asset Management Limited shares are slipping by 3.73% in live trading, currently sitting at ₹1062.2. The stock traded on a high volume of 531,382 shares, testing the day's low of ₹1062.2 against its high of ₹1096.9.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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