Nippon Life India Asset Management Limited has informed the Exchange regarding Allotment of 160362 Shares.
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Awaiting price reaction for this filing.
On August 21, 2025, Nippon Life India Asset Management allotted 1,60,362 equity shares of face value Rs. 10 each under its employee stock option plans (ESOP 2017, ESOP 2019, ESOP 2023) and Performance Linked Stock Unit Scheme 2023. The shares were issued at grant prices ranging from Rs. 10 to Rs. 499.76 per share, with the highest allotment of 1,00,000 shares under ESOP 2017 at Rs. 202.50. The total paid-up equity share capital of the company rose to 63,60,61,930 shares (Rs. 636.06 crore) from 63,59,01,568 shares. The newly issued shares will rank equally with existing equity shares.
This is a routine ESOP allotment causing marginal dilution of about 0.025% to existing shareholders. No material impact on share price is expected as the allotment was at pre-determined grant prices to employees.