Nippon Life India Asset Management Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend of Rs. 12.50 per equity share.
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The board approved FY 2025-26 audited results with standalone profit after tax of Rs. 1,497.75 crore, up 19.6% from Rs. 1,252.23 crore in the previous year. Revenue from operations grew to Rs. 2,527.55 crore from Rs. 2,065.20 crore. The board recommended a final dividend of Rs. 12.50 per share, taking total dividend for the year to Rs. 21.50 per share (including Rs. 9 interim dividend paid in November 2025), representing a healthy increase from Rs. 18 per share in FY 2024-25. Record date for final dividend is June 26, 2026, with payment from July 10, 2026. The board also approved a new Employee Stock Option Scheme 2026 (ESOS 2026) for 91.72 lakh options pending shareholder approval, and grants under existing ESOP 2023 and PSU 2023 schemes. Key management changes include Sundeep Sikka assuming the MD & CEO role and Hironao Kunita joining as Nominee Director from promoter Nippon Life Insurance.
The company delivered strong double-digit profit growth with an increased dividend payout, signalling robust financial health and shareholder-friendly policies. The stock may see positive sentiment from dividend investors, while ESOS approvals help retain key talent.