Nippon Life India Asset Management Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 18, 2025
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Nippon Life India Asset Management Limited has filed the notice for its 30th Annual General Meeting, scheduled for Friday, July 18, 2025, at 12:30 PM IST, to be held via video conferencing. Along with the notice, the company submitted its Annual Report for FY 2024-25, which is being sent electronically to members. The remote e-voting window runs from July 14 to July 17, 2025, with July 11, 2025 set as the cut-off date to determine voting eligibility. Key FY25 highlights from the report include Total AUM of ₹6,54,112 crore (up 25% YoY), Mutual Fund AUM of ₹5,54,467 crore (up 29% YoY), and a record Profit After Tax of ₹1,286 crore (up 16% YoY). The company, India's 4th largest AMC, is proposing a dividend payout of ~91% of standalone profit, exceeding its stated 60-90% policy.
This is primarily a procedural AGM notice filing, but the embedded FY25 results show strong business momentum with market share gains, record profitability, and a generous dividend payout. Shareholders should note the July 11 cut-off date for e-voting eligibility and participate in the AGM process.