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Nippon
BSE: 540767NSE: NAM-INDIAISIN: INE298J01013

6th-Jul-2020 15:22Source: BSE

Nippon Life India Asset Management - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Dear Sir/ Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Allotment Committee, has today approved the allotment of 16,500 Equity Shares of Face Value Rs.10/- each under the "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017 (RNAM ESOP 2017)".

Consequently, with effect from July 06, 2020, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 612,128,367 Equity Shares of Face Value Rs.10/- each as per the details attached.

The above 16,500 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.

Please take the same on your record.

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