Nippon Life India Asset Management : ESOP/ESPS/SBEB Scheme
November 17, 2022 at 10:19 am
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November 17, 2022
BSE Limited
National Stock Exchange of India
Phiroze Jeejeebhoy Towers
Limited
Dalal Street, Fort,
Exchange Plaza, 5th Floor,
Mumbai 400 001
Plot No. C/1, G Block,
BSE Scrip Code: 540767
Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
NSE Scrip Symbol: NAM-INDIA
Sub.: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 (NAM INDIA ESOP 2017) & Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (NAM INDIA ESOP 2019)
Dear Sir/ Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Allotment Committee, has today approved the following allotments-
8,757 Equity Shares of Face Value Rs.10/- each under the "Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 ("NAM INDIA ESOP 2017")" [formerly known as "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017"]; and
12,408 Equity Shares of Face Value Rs.10/- each under the "Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 ("NAM INDIA ESOP 2019")" [formerly known as "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2019"].
Consequently, with effect from November 17, 2022, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 62,30,97,445 Equity Shares of Face Value Rs.10/- each as under:
Particulars
No. of Equity Shares of
Amount in Rs.
Face Value Rs.10/-
(Rupees Ten Only)
each
Paid-Up Equity Share Capital of the
62,30,76,280
6,23,07,62,800
Company, as on October 13, 2022
Add: Allotment of Equity Shares under NAM
21,165
2,11,650
INDIA ESOP 2017 & NAM INDIA ESOP
2019, on November 17, 2022
Paid-Up Equity Share Capital post above
62,30,97,445
6,23,09,74,450
allotment
The above 21,165 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.
Nippon Life India Asset Management Ltd. published this content on 17 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2022 15:18:05 UTC.
Nippon Life India Asset Management Limited is an asset management company. The Companyâs principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is involved in managing mutual funds, such as exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds, and offshore funds and advisory mandates. Its four offshore schemes include UCITS Equity Fund, UCITS Fixed Income Fund, India Fixed Income ETF, India Fixed Income ETF. The Company acts as an advisor for India focused Equity & Fixed Income funds in Japan, and in Thailand. It also manages offshore funds through its subsidiary in Singapore and has representative office in Dubai thereby catering to investors across Asia, Middle East, United Kingdom, United States, and Europe. Its subsidiaries include Nippon Life India Asset Management (Singapore) Pte. Ltd., and Nippon Life India AIF Management Limited.