Please find enclosed the intimation for ESOP Allotment dated May 25, 2026
NAM-INDIA · price
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Nippon Life India Asset Management has allotted 1,93,469 equity shares to employees under three compensation schemes: ESOP 2019 (1,40,709 shares), ESOP 2023 (35,251 shares), and Performance Linked PSU Scheme 2023 (17,509 shares). The shares were issued at various prices ranging from Rs. 10 to Rs. 577.79 per share, generating approximately Rs. 5.18 crore in total consideration. Following this allotment, the company's paid-up share capital has increased from 63,82,89,477 to 63,84,82,946 equity shares of Rs. 10 each. The new shares will rank pari passu with existing equity shares.
This represents minimal dilution of approximately 0.03% for existing shareholders. The allotment is routine as it pertains to employee compensation through stock options and is not expected to have any material impact on the stock price.