Nippon Life India Asset Management Limited has announced that its Board of Directors will convene on Monday, April 27, 2026, to review and approve the company's audited financial results for the fourth quarter and full year ending March 31, 2026. The meeting will also consider recommendations for dividend distribution on equity shares, if any.

Board Meeting Details

The announcement, made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the key agenda items for the upcoming board meeting. The directors will evaluate both standalone and consolidated audited financial results for the specified period.

Trading Window Restrictions

In accordance with the company's Personal Securities Trading Policy and the Code of Practice & Procedures for Fair Disclosure of Unpublished Price Sensitive Information, Nippon Life India Asset Management Limited has implemented a trading window closure period. This restriction applies to designated persons and connected persons covered under the company's code.

Regulatory Compliance and Communication

The formal notification was communicated to both BSE Limited and National Stock Exchange of India Limited on March 25, 2026. The communication was digitally signed by Valde Varghese, Company Secretary & Compliance Officer, ensuring compliance with regulatory disclosure requirements and providing transparency to market participants.

The board meeting represents a significant milestone in the company's financial reporting calendar, as stakeholders await the audited results for the concluded financial year. The potential dividend recommendation will be of particular interest to equity shareholders, though the final decision remains subject to board approval during the scheduled meeting.

Nippon Life India Asset Management Limited announced the allotment of 7,60,691 equity shares under various Employee Stock Option Plans (ESOP) and Performance Stock Unit (PSU) schemes. The Allotment Committee approved these allotments during its meeting held on March 23, 2026, which commenced at 11:00 a.m. and concluded at 11:15 a.m.

ESOP Allotment Details

The allotment was conducted under four different schemes, with varying grant prices and total amounts received:

NAM INDIA ESOP 2019 Breakdown

The NAM INDIA ESOP 2019 allotment comprised shares at different grant prices:

• 1,33,248 shares at Rs. 223.32 per share totaling Rs. 2,97,56,943.36
• 2,255 shares at Rs. 247.60 per share totaling Rs. 5,58,338.00
• 27,987 shares at Rs. 372.71 per share totaling Rs. 1,04,31,034.77

Impact on Share Capital

Following the allotment, the company's paid-up equity share capital structure changed significantly:

Scheme Details

The allotment covered multiple employee benefit schemes:

• NAM INDIA ESOP 2017: Formerly known as Reliance Nippon Life Asset Management Limited – Employee Stock Option Plan 2017
• NAM INDIA ESOP 2019: Employee Stock Option Plan established in 2019
• NAM INDIA ESOP 2023: Employee Stock Option Scheme launched in 2023
• NAM INDIA PSU 2023: Performance Linked Stock Unit Scheme introduced in 2023

All newly allotted equity shares carry a face value of Rs. 10 each and will rank pari passu with the existing equity shares of the company in all respects. The total amount received from all allotments was Rs. 15,08,93,923.23, demonstrating the company's commitment to employee participation in its growth story through equity-based compensation schemes.