Nippon Life India Asset Management Limited has informed the Exchange regarding Allotment of 310421 Shares.
NAM-INDIA · price
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Awaiting price reaction for this filing.
On June 23, 2025, Nippon Life India Asset Management allotted 3,10,421 equity shares of Rs. 10 face value to employees under four schemes: ESOP 2017 (2,79,476 shares at Rs. 202.50), ESOP 2019 (22,430 shares at Rs. 223.32–372.71), ESOP 2023 (1,039 shares at Rs. 499.76), and PSU 2023 (7,476 shares at Rs. 10). Total amount collected was roughly Rs. 6.29 crore. As a result, the company's paid-up equity capital rose from 63,50,44,217 to 63,53,54,638 shares. The new shares will rank equally with existing equity shares in all respects.
This is a routine employee stock option allotment with a very small dilution (about 0.05% increase in share count), so it has negligible impact on existing shareholders or the stock price. It indicates ongoing employee incentive activity.