Nippon Life India AM Board Approves Q4/FY26 Results, ₹12.50 Dividend, ESOPs
The Board of Directors of Nippon Life India Asset Management Limited approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of ₹12.50 per Equity Share was recommended for FY2025-26, 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. The Board also approved the adoption of 'Nippon Life India Asset Management Limited – Employee Stock Option Scheme 2026' (ESOS 2026) and amendments to ESOP 2017 and ESOP 2019 to transfer unallocated options. Additionally, grants of 3,87,448 stock units under PSU 2023 and 15,96,475 stock options under ESOP 2023 were approved. Mr. Sundeep Sikka assumed the MD & CEO role, Mr. Hironao Kunita was appointed as an Additional Director, and Mr. Kosuke Kuroishi resigned.
Key Highlights
- Board approved Q4 and FY26 audited financial results.
- Recommended ₹12.50/share final dividend; total FY26 dividend ₹21.50/share.
- Adopted new ESOS 2026; transferred options from older plans.
- Granted 3.87 lakh stock units and 15.96 lakh stock options.
- Sundeep Sikka assumed MD & CEO; new director appointed, one resigned.
Price Impact
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