The Exchange has sought clarification from Nippon Life India Asset Management Limited with respect to recent news item captioned Nippon Life's India asset manager to settle Yes Bank investment case, document shows. The response from the Company is attached.

Sebi InvestigationConsent Order AcceptedRegulatory & Legal View source PDF Explain this filing

NAM-INDIA · price

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▲ 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

+0.5%Reaction day

₹989.65

prior close

₹996.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.5%-0.9% vs market

Asset Management Company peers, median of 7sector+1.4%-0.9% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Midcap 150 and 0.9 pts less 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

-0.3

10m

-0.9

15m

-0.8

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5+1.5-0.9+1.4-0.9

Next day

+3.6+1.6+2.0+1.3+2.3

+3.1+1.5+1.5+0.9+2.2

+2.1+0.6+1.5-0.2+2.3

+3.0+1.3+1.7+0.5+2.5

+6.1+1.4+4.7+0.2+5.9

+12.1+4.2+7.9+2.2+9.9

15d

+9.5+2.3+7.2-3.3+12.8

+10.6+4.6+6.0-0.5+11.1

+17.9+3.7+14.2-2.7+20.6

+16.2+4.8+11.4-4.8+21.0

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

NSE sought clarification from Nippon Life India Asset Management regarding a media report claiming the company was set to settle a Yes Bank AT-1 bond investment case with SEBI. The company responded that discussions with SEBI regarding a show cause notice (previously disclosed in September 2024) offering a settlement option are ongoing, strictly confidential, and sub-judice. The company stated it cannot confirm or deny the specific news article details and clarified there is no material information requiring disclosure under Regulation 30 at present. The share price movement was attributed to broader market trends. The company is cooperating with SEBI through its legal advisers.

Likely market impact

The company has not admitted wrongdoing and no final penalty has been imposed. The ongoing SEBI settlement proceedings remain confidential, and the outcome could range from a consent order to dismissal. Until resolved, regulatory uncertainty persists around this matter.