StockWatch
·
Asset Management Company
Dividend22 Oct 2026, 02:14 pm

Nippon Life India Asset Management Declares Interim Dividend of ₹9.50

AI Summary

Nippon Life India Asset Management Limited announced an interim dividend of ₹9.50 per equity share. The record date for this dividend is set as October 28, 2026, with the payment scheduled from November 5, 2026. The company's Board of Directors also approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board noted the settlement proceedings related to SEBI's show cause notice concerning past investments in Yes Bank AT-1 Bonds, with a payment of ₹96.76 Crores made during the quarter.

Key Highlights

  • Interim dividend of ₹9.50 per equity share declared.
  • Record date fixed as October 28, 2026, payment from November 5, 2026.
  • Unaudited financial results for Q2 FY27 approved.
  • Settlement payment of ₹96.76 Cr made regarding SEBI notice.