Nippon Life India AM Board Approves FY26 Results, ₹12.50 Final Dividend
Nippon Life India Asset Management's Board of Directors, at its meeting on April 27, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board recommended a final dividend of ₹12.50 per equity share for FY26, bringing the total dividend for the year to ₹21.50 per share. The record date for the final dividend is June 26, 2026, with payment from July 10, 2026. Additionally, the Board approved the adoption of a new Employee Stock Option Scheme (ESOS 2026) and amendments to existing ESOPs. Stock grants under PSU 2023 and ESOP 2023 were also approved. Mr. Sundeep Sikka assumed the role of MD & CEO for a fresh 5-year term, Mr. Hironao Kunita was appointed as an Additional (Non-Executive) Director, and Mr. Kosuke Kuroishi resigned.
Key Highlights
- Board approved audited standalone and consolidated financial results for Q4 and FY26.
- Recommended a final dividend of ₹12.50 per share; total FY26 dividend is ₹21.50 per share.
- New Employee Stock Option Scheme (ESOS 2026) adopted; existing ESOPs amended.
- Granted 3,87,448 stock units and 15,96,475 stock options under existing schemes.
- Sundeep Sikka re-appointed MD & CEO; Hironao Kunita appointed Director, Kosuke Kuroishi resigned.
Price Impact
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