Nippon Life India: Rajesh Derhgawen Retires; Dividend ₹12.50 Recommended

Nippon Life India Asset Management Ltd announced the retirement of Mr. Rajesh Derhgawen, CHRO & SMP, effective May 31, 2026. The Board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹12.50 per share. They also approved the 'Nippon Life India Asset Management Limited – Employee Stock Option Scheme 2026' (ESOS 2026) and amendments to existing ESOPs. Mr. Hironao Kunita was appointed as an Additional (Non-Executive) Director, while Mr. Kosuke Kuroishi resigned. Mr. Sundeep Sikka assumed office as MD & CEO.