Nippon Life India AMC Allots 57,261 Shares Under Employee Stock Plans

Nippon Life India Asset Management Limited has allotted 57,261 new equity shares under various employee stock option plans, as approved by the company's Allotment Committee on December 22, 2025, at 1:28 p.m.

Share Allotment Breakdown

The allotment was distributed across three different employee stock option plans:

Plan Details	Shares Allotted	Face Value (₹)
ESOP 2017	19,827	10.00
ESOP 2019	35,515	10.00
Performance Linked Stock Unit Scheme 2023	1,919	10.00
Total	57,261	10.00

Updated Share Capital Structure

Following this allotment, the company's equity structure has been updated with effect from December 22, 2025:

Parameter	Previous	Addition	Updated
Paid-up Capital (Shares)	63,70,34,489	57,261	63,70,91,750
Paid-up Capital Value	₹637.03 crores	₹0.06 crores	₹637.09 crores
Face Value per Share	₹10.00	₹10.00	₹10.00

Key Features of the Allotment

The newly allotted equity shares will rank pari passu with the existing equity shares of the company in all respects. The allotment covers shares under three schemes: Nippon Life India Asset Management Limited Employee Stock Option Plan 2017 (formerly known as Reliance Nippon Life Asset Management Limited ESOP 2017), Employee Stock Option Plan 2019, and Performance Linked Stock Unit Scheme 2023.

Regulatory Compliance

This allotment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about this development, with the shares trading under BSE scrip code 540767 and NSE symbol NAM-INDIA.

Strategic Implications

The share allotment under various employee stock option plans demonstrates the company's commitment to employee retention and performance incentivization in the competitive asset management sector. These equity-based compensation mechanisms align employee interests with shareholder value creation while supporting the company's talent acquisition and retention strategy.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.60%	-4.44%	-1.46%	+10.09%	+20.35%	+183.83%

Nippon Life India Asset Management (NAM India) has reported its highest-ever quarterly operating profit of INR 4.19 billion for Q2, marking a significant 15% year-over-year and 11% quarter-over-quarter increase. The company's strong performance comes amid its position as the fastest-growing asset management company (AMC) among the top 10 in India during H1.

Financial Highlights

NAM India's Q2 financial results showcase robust growth across key metrics:

Metric	Q2	YoY Change	QoQ Change
Revenue	INR 6.58 billion	↑ 15%	↑ 8%
Operating Profit	INR 4.19 billion	↑ 15%	↑ 11%
Profit After Tax	INR 3.45 billion	↓ 4%	↓ 13%

The company's total assets under management (AUM) reached INR 7.61 trillion, encompassing mutual funds, managed accounts, offshore funds, and GIFT City operations.

Market Share and Growth

NAM India has seen notable improvements in its market position:

Overall market share increased to 8.51%, the highest since June 2019
Equity market share rose to 7.13%, up 17 basis points year-over-year
Mutual Fund Quarterly Average AUM (QAAUM) grew by 19.5% year-over-year to INR 6.57 trillion

Systematic Investment Plans (SIPs) and ETFs

The company reported strong performance in its systematic investment plans and exchange-traded funds (ETFs):

Monthly systematic book increased by 16% year-over-year to INR 36.4 billion
SIP market share stood at 10.02% for September
ETF market share reached 19.77%, with a 160 basis points increase year-over-year
NAM India maintains a 50% share in industry ETF folios

Dividend Declaration

The Board of Directors has declared an interim dividend of INR 9.00 per share along with the Q2 results, reflecting the company's strong financial position and commitment to shareholder returns.

Digital Initiatives and Future Outlook

NAM India continues to strengthen its digital capabilities:

Digital purchase transactions and new SIP registrations rose to 4.2 million in Q2, up 18% year-over-year
Digital business contributed 75% of total new purchase transactions in H1

The company remains focused on expanding its alternative investment fund (AIF) offerings and offshore presence, with plans to launch new products and enter new geographies.

Sundeep Sikka, Executive Director & CEO of Nippon Life India Asset Management, commented on the results during the earnings call, stating, "NAM India has achieved its highest ever quarterly Operating Profit at INR 4.19 bn. Further, NAM India was the fastest growing AMC in the Top-10 AMCs in H1."

As the Indian mutual fund industry continues to grow, NAM India's strong performance and strategic initiatives position it well for future growth in the dynamic asset management landscape.