Nippon Life India AM Board Approves Q4/FY26 Results, ₹12.50 Dividend, ESOPs, New Director

Nippon Life India Asset Management's Board 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 FY26, bringing the total dividend to ₹21.50. The Board also approved the adoption of a new '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 to ESOS 2026. Furthermore, the Board granted 3,87,448 stock units under PSU 2023 and 15,96,475 stock options under ESOP 2023. Mr. Hironao Kunita was appointed as an Additional (Non-Executive) Director, and Mr. Kosuke Kuroishi resigned. Mr. Sundeep Sikka's assumption of office as MD & CEO for a fresh 5-year term was also noted.