Please find enclosed the intimation for allotment of stock options/units dated May 23, 2025
Awaiting price reaction for this filing.
On May 23, 2025, the Allotment Committee of Nippon Life India Asset Management Limited approved the issuance of 95,692 equity shares (face value Rs. 10) to employees under four schemes: ESOP 2017 (32,593 shares at Rs. 202.50), ESOP 2019 (36,623 shares at grant prices ranging from Rs. 223.32 to Rs. 389.28), ESOP 2023 (7,383 shares at Rs. 499.76), and PSU 2023 (19,093 shares at Rs. 10). The total consideration received was approximately Rs. 1.74 crore. Following this allotment, the company's paid-up equity share capital increased from 63,47,25,783 to 63,48,21,475 shares, a marginal dilution of about 0.015%.
This is a routine ESOP allotment with negligible dilution (less than 0.02% increase in share count). No material impact on shareholders or stock price is expected.