Nippon Life India Asset Management Limited has informed the Exchange regarding Allotment of 95328 Shares.
NAM-INDIA · price
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Nippon Life India Asset Management has allotted 95,328 equity shares to employees under three ESOP schemes (ESOP 2017, ESOP 2019, and ESOP 2023) on March 13, 2026. Of these, 73,780 shares were issued under ESOP 2017 at Rs. 202.50 each, 14,535 shares under ESOP 2019 at grant prices between Rs. 223.32 and Rs. 389.28, and 7,013 shares under ESOP 2023 at Rs. 499.76 each. The company received a total of about Rs. 2.32 crore from these allotments. As a result, the paid-up equity share capital increased from 63,72,59,977 to 63,73,55,305 shares of Rs. 10 face value. The newly issued shares will rank equally with existing shares in all respects.
This is a routine ESOP allotment with negligible dilution (about 0.15% increase in share count), so it is unlikely to have any meaningful impact on the stock price. It signals continued employee incentivisation at the company.