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HomeNewsBusinessMarketsNippon Life India Allots Equity Shares, Paid-Up Capital Rises to ₹6,366.47 Crore

Nippon Life India Allots Equity Shares, Paid-Up Capital Rises to ₹6,366.47 Crore

Nippon Life India Allots Equity Shares, Paid-Up Capital Rises to ₹6,366.47 Crore

September 19, 2025 / 15:02 IST
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    Nippon Life India Asset Management Limited announced the allotment of equity shares under its Employee Stock Option Plans (ESOP) and Performance Linked Stock Unit Scheme. The decision was made by the Allotment Committee on September 19, 2025, at 2:12 p.m.

    The allotment includes shares under the “NAM INDIA ESOP 2017,” “NAM INDIA ESOP 2019,” “NAM INDIA ESOP 2023,” and “NAM INDIA PSU 2023” schemes.

    As a result of this allotment, the paid-up equity share capital of the company has increased to ₹6,366.47 Crore.

     

    Details of Equity Share Allotment


     
    Equity Share Allotment Details
    SchemeNo. of Equity SharesFace Value (₹)Grant Price per Equity Share (₹)Total Amount Received (₹)
    NAM INDIA ESOP 201720,41410202.5041,33,835.00
    NAM INDIA ESOP 20191,25,11810VariesVaries
    - Lot 161,00010223.321,36,22,520.00
    - Lot 21,94910247.604,82,572.40
    - Lot 362,16910372.712,31,71,007.99
    NAM INDIA ESOP 20236,37510499.7631,85,970.00
    NAM INDIA PSU 20233,4851010.0034,850.00

     

    Consequently, with effect from September 19, 2025, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 63,66,46,816 Equity Shares of Face Value ₹10 each.

     

    Paid-Up Equity Share Capital
    ParticularsNo. of Equity Shares of Face Value ₹10Amount (₹)
    Paid-Up Equity Share Capital as of September 12, 202563,64,91,4246,36,49,14,240
    Allotment of Equity Shares under NAM INDIA ESOP 2017, NAM INDIA ESOP 2019, NAM INDIA ESOP 2023 and NAM INDIA PSU 2023 on September 19, 20251,55,39215,53,920
    Paid-Up Equity Share Capital post above allotment63,66,46,8166,36,64,68,160

     

    The newly allotted equity shares will rank pari passu with the existing equity shares of the company in all respects.

    Valde Varghese, Company Secretary & Compliance Officer, confirmed the allotment.

    The newly allotted equity shares will rank pari passu with the existing equity shares of the company in all respects.

    Alpha Desk
    first published: Sep 19, 2025 03:02 pm

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