Announced Mon, 22 Jun · 12:46 IST

Nippon Life India AMC allots 5.15 lakh shares under ESOP and PSU schemes

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NAM-INDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹1187.80
prior close
₹1182.80
base price
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AI summary

Nippon Life India AMC's Allotment Committee approved allotment of 5,15,730 equity shares (face value Rs 10) on June 22, 2026 under three employee benefit schemes: ESOP 2019 (3,83,779 shares at grant prices of Rs 223.32 and Rs 372.71), ESOP 2023 (82,719 shares at Rs 499.76 and Rs 577.79), and PSU 2023 (49,232 shares at Rs 10). Total amount received is about Rs 15.12 crore. Paid-up equity capital rose to 63,92,95,897 shares from 63,87,80,167 shares. New shares rank equally with existing shares.

Likely market impact

Minor dilution of about 0.08 percent from ESOP allotment; routine employee compensation event with limited impact on share price.