Please find enclosed the intimation for ESOP Allotment dated May 11, 2026
NAM-INDIA · price
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Nippon Life India Asset Management has allotted 1,73,481 equity shares to employees under three stock option and unit schemes. The largest tranche of 1,33,690 shares was issued under the 2019 ESOP plan at grant prices ranging from Rs. 223.32 to Rs. 372.71 per share. Another 26,408 shares were allotted under the 2023 ESOP scheme at higher prices of Rs. 499.76 and Rs. 577.79. The remaining 13,383 shares under the PSU 2023 scheme were issued at face value of Rs. 10 each. The paid-up share capital has increased from 63,81,15,996 shares to 63,82,89,477 shares following this allotment.
The share issuance causes minor dilution of approximately 0.03% to existing shareholders. The newly allotted shares will rank pari passu with existing equity shares. This is a routine employee compensation exercise and has negligible impact on the stock.