Nippon Life India Asset Management Limited has informed the Exchange about superannuation of Mr. Rajesh Derhgawen, the Chief Human Resources Officer ( CHRO ) & SMP of the Company w.e.f. May 31, 2026.

Kmp ResignedManagement Changes View source PDF Explain this filing

NAM-INDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹994.95

prior close

₹1016.95

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.1%+2.9% vs market

Asset Management Company peers, median of 7sector+0.4%+2.6% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Midcap 150 and 2.6 pts more than its Asset Management Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+1.0

15m

+2.2

30m

+2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.1+2.9+0.4+2.6

Next day

+2.5+0.1+2.5+0.6+1.9

+1.5-0.9+2.4-1.7+3.2

+2.5-0.2+2.7-0.6+3.1

+5.5-0.1+5.6+0.0+5.5

+9.9+1.6+8.2+0.3+9.6

+10.7+2.6+8.2-0.2+10.9

15d

+10.6+1.2+9.4-4.2+14.8

+10.6+1.7+8.9-3.1+13.7

+17.3+2.2+15.1-5.2+22.5

+15.9+3.3+12.6-6.1+21.9

UpDownMarket · Nifty Midcap 150Sector · Asset Management Company peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nippon Life India Asset Management reported strong FY26 financial results with revenue from operations of Rs. 2,527.55 crore (up 22% YoY) and profit after tax of Rs. 1,497.75 crore (up 19.6% YoY). The board recommended a final dividend of Rs. 12.50 per share, taking total FY26 dividend to Rs. 21.50 per share. Key management changes include Sundeep Sikka assuming MD & CEO role for a fresh 5-year term, Saugata Chatterjee appointed as Deputy CEO from May 1, 2026, and Mohit Shetty (currently Deputy CHRO) will succeed Rajesh Derhgawen as CHRO from June 1, 2026. Additionally, promoter nominee Kosuke Kuroishi resigned from the board due to change in NLI's management team, replaced by Hironao Kunita. The board also approved a new ESOS 2026 scheme with up to 91.72 lakh options pending shareholder approval.

Likely market impact

Positive signals from strong profit growth and dividend payout. The management transition is orderly with internal succession plans, and the CHRO change is a routine superannuation rather than a concern.