Nippon Life India Asset Management Limited has allotted 4,29,494 equity shares under its employee stock option plans, increasing the company's paid-up equity share capital to ₹6,364.91 crore.
The allotment includes shares under the “NAM INDIA ESOP 2017,” “NAM INDIA ESOP 2019,” “NAM INDIA ESOP Scheme 2023,” and “NAM INDIA PSU 2023” plans.
The details of the equity shares allotted are as follows:
Plan | No. of Equity Shares | Face Value (₹) | Grant Price per Equity Share (₹) | Total Amount Received (₹) |
---|---|---|---|---|
NAM INDIA ESOP 2017 | 2,04,622 | 10 | 202.50 | 4,14,35,955.00 |
NAM INDIA ESOP 2019 | 1,78,149 | 10 | 223.32 | 3,97,84,234.68 |
NAM INDIA ESOP 2019 | 18,203 | 10 | 372.71 | 67,84,440.13 |
NAM INDIA ESOP 2019 | 6,267 | 10 | 389.28 | 24,39,617.76 |
NAM INDIA ESOP 2023 | 10,385 | 10 | 499.76 | 51,90,007.60 |
NAM INDIA PSU 2023 | 11,868 | 10 | 10 | 1,18,680.00 |
Consequently, with effect from September 12, 2025, the issued, subscribed, and paid-up equity share capital of the company stands increased to 63,64,91,424 equity shares of face value ₹10 each.
Particulars | No. of Equity Shares of Face Value ₹10 (Rupees Ten Only) each | Amount (₹) |
---|---|---|
Paid-Up Equity Share Capital of the Company, as on August 21, 2025 | 63,60,61,930 | 6,36,06,19,300 |
Add: Allotment of Equity Shares under NAM INDIA ESOP 2017, NAM INDIA ESOP 2019, NAM INDIA ESOP 2023 and NAM INDIA PSU 2023 on September 12, 2025 | 4,29,494 | 42,94,940 |
Paid-Up Equity Share Capital post above allotment | 63,64,91,424 | 6,36,49,14,240 |
The above 4,29,494 equity shares shall rank pari passu with the existing equity shares of the company in all respects.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.