Nippon Life India AMC declares Rs 12.50 final dividend
Nippon Life India Asset Management Limited's shareholders approved a final dividend of Rs 12.50 per share and confirmed an interim dividend of Rs 9 per share for FY26 at the AGM held on July 8, 2026. All ten resolutions, including financial statement adoption and ESOP scheme approvals, were passed with the requisite majority.
*this image is generated using AI for illustrative purposes only.
Nippon Life India Asset Management Limited approved a final dividend of Rs 12.50 per equity share for the financial year 2025-26 at its 31st Annual General Meeting held on July 8, 2026. The meeting also confirmed the payment of an interim dividend of Rs 9 per equity share. All ten resolutions put forth before the shareholders were passed with the requisite majority.
The AGM was conducted through video conferencing, chaired by Mr. Upendra Kumar Sinha, Chairperson of the Board. Mr. Sundeep Sikka, Managing Director and Chief Executive Officer, provided an overview of the company's performance. The proceedings included the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
Shareholders approved the re-appointment of Mr. Minoru Kimura, who retires by rotation, and the appointment of Mr. Hironao Kunita as a Non-Executive Director. The meeting also sanctioned amendments to the Employee Stock Option Plans 2017 and 2019, and approved the new Employee Stock Option Scheme 2026. Furthermore, resolutions were passed to extend the 2026 scheme to employees of subsidiary, holding, and group companies.
Remote e-voting commenced on July 4, 2026, and concluded on July 7, 2026. Mr. Mukesh Siroya of M. Siroya & Company served as the scrutinizer for the voting process. The results were declared immediately after the meeting concluded at 2:22 P.M. IST.
Voting Results Summary
| Resolution | Type | Votes In Favour | Votes Against | % Favour |
|---|---|---|---|---|
| Financial Statements | Ordinary | 595,042,574 | 1,399 | 100.00 |
| Dividend Declaration | Ordinary | 595,288,032 | 210 | 100.00 |
| Re-appointment of Director | Ordinary | 590,536,478 | 4,751,764 | 99.20 |
| Appointment of Director | Ordinary | 592,812,422 | 2,475,820 | 99.58 |
| ESOP Plan 2017 Amendment | Special | 594,201,478 | 1,086,764 | 99.82 |
| ESOP Plan 2019 Amendment | Special | 594,220,717 | 1,067,525 | 99.82 |
| ESOP Scheme 2026 | Special | 592,848,561 | 2,439,681 | 99.59 |
| ESOP Extension to Subsidiaries | Special | 592,849,577 | 2,438,665 | 99.59 |
| ESOP Extension to Holding Co | Special | 558,077,951 | 37,210,232 | 93.75 |
| ESOP Extension to Group Cos | Special | 556,273,509 | 39,099,839 | 93.43 |
Historical Stock Returns for Nippon Life India AMC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.45% | -0.04% | +11.79% | +37.98% | +51.40% | +220.95% |
How will the new ESOP Scheme 2026 impact employee retention and talent acquisition in the competitive asset management sector?
What strategic role will the newly appointed Non-Executive Director, Mr. Hironao Kunita, play in the company's future expansion?
Will the high dividend payout ratio for FY 2025-26 be sustainable given the company's growth and investment plans?
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