Nippon Life India Asset Management Limited has informed the Exchange regarding 'Adoption and amendment to Employee Stock Option Scheme/ Plan of the Company'.
NAM-INDIA · price
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Nippon Life India Asset Management reported strong FY2026 results with standalone profit after tax of Rs 1,497.75 crore, up 20% from Rs 1,252.23 crore in FY2025. 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 FY2025-26 dividend to Rs 21.50 per share (including Rs 9.00 interim dividend paid in November 2025). The company adopted a new Employee Stock Option Scheme 2026 with 91.72 lakh options, while transferring unallocated options from ESOP 2017 (23.49 lakh) and ESOP 2019 (68.24 lakh) to the new scheme. New stock grants of 3.87 lakh units (PSU 2023) and 15.96 lakh options (ESOP 2023) were also approved. On leadership, Sundeep Sikka assumed MD & CEO role for 5 years, Hironao Kunita joined as NLI nominee director, and Kosuke Kuroishi resigned due to NLI management changes.
The strong 20% growth in profits and increased total dividend (Rs 21.50 vs previous) are positive signals for shareholders. The new ESOS 2026 with consolidated unallocated options may have minor dilution impact but indicates retention focus. SEBI show cause notice regarding mutual fund investments remains pending with settlement proceedings underway.