Board Meeting22 Oct 2026, 02:12 pm
Nippon Life India Asset Management declares interim dividend of ₹9.50
AI Summary
Nippon Life India Asset Management Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors also approved an interim dividend of ₹9.50 per equity share, with a record date set for October 28, 2026. The company also provided an update on settlement proceedings related to SEBI's show cause notice concerning past investments in Yes Bank AT-1 Bonds, confirming a payment of ₹96.76 Crores during the quarter.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Declared an interim dividend of ₹9.50 per equity share.
- Record date for dividend set as October 28, 2026.
- Settlement proceedings update provided regarding Yes Bank AT-1 Bonds.
- Company paid ₹96.76 Crores towards settlement.
Price Impact
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