Nippon Life India Asset Management Limited has informed the Exchange that Board of Directors at its meeting held on April 28, 2025, recommended Final Dividend of 10 per equity share.
NAM-INDIA · price
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On the reaction day the stock moved 2.5 pts less than Nifty Midcap 150 and 1.7 pts less than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Nippon Life India Asset Management Limited, at a meeting held on April 28, 2025, recommended a Final Dividend of Rs. 10 per equity share. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. Record date and payment timeline details would typically be communicated separately. This is part of the company's regular annual dividend payout.
Shareholders stand to receive Rs. 10 per share if approved, representing a direct income return. The actual yield and stock price impact depend on the company's prevailing share price and whether this payout is in line with or above prior dividends.