Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd has announced its 31st Annual General Meeting (AGM) to be held on July 8, 2026, via Video Conferencing. The company will submit its Annual Report for FY 2025-26 and the Notice of AGM to its members. E-voting facilities will be available for all resolutions, with the cut-off date for eligibility set as July 1, 2026. The remote e-voting period will run from July 4 to July 7, 2026. The Annual Report, themed 'A Symphony of Numbers', highlights the company's ~30-year legacy, AUM of ₹7.73 Lakh Crore, and a significant investor base of over 2 Crore.

Nippon Life India Asset Management Ltd (NAM India) has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report, which forms part of the Annual Report, was filed as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It includes an Independent Practitioner’s Reasonable Assurance Report from S.R. Batliboi & Associates LLP. The BRSR provides detailed disclosures on the company's operations, including its primary business of fund management services, its diverse product offerings like Mutual Funds, PMS, and AIFs, and its extensive operational presence with 202 national and 1 international office. It also details employee demographics, noting 1,563 total employees for FY26. The report confirms disclosures are made on a standalone basis.

Nippon Life India Asset Management Ltd has announced its 31st Annual General Meeting (AGM) to be held on Wednesday, July 8, 2026, at 12:30 pm IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company is submitting its Annual Report for FY 2025-26 along with the AGM notice, which will be sent electronically to members. A cut-off date of July 1, 2026, has been set for determining voting eligibility. Remote e-voting will be open from July 4 to July 7, 2026. The Annual Report, themed 'A Symphony of Numbers,' highlights the company's legacy, growth, and investor trust, with an AUM of ₹7.73 Lakh Crore and over 2 Crore investors.

Nippon Life India Asset Management Ltd has submitted the Monitoring Agency Report for the quarter ended March 31, 2026. The report, issued by HDFC Bank Limited, confirms the utilization of IPO proceeds in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The monitoring agency declared that there was no deviation from the objects of the IPO and no range of deviation. It also confirmed that all utilization was as per the Offer Document, and all necessary government/statutory approvals were obtained. The IPO, conducted from October 25-27, 2017, raised ₹1542.24 Crores, primarily for general corporate purposes.

Nippon Life India Asset Management Ltd (NAM) has filed its Statement of Deviation & Variation for the quarter ended March 31, 2026, in compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there was no deviation or variation in the utilization of proceeds from its Initial Public Offering (IPO). The IPO, which raised ₹616.90 Crores (net proceeds of ₹588.85 Crores) on November 6, 2017, has seen its funds utilized in line with the original objects stated in the Prospectus dated October 30, 2017. HDFC Bank Limited serves as the monitoring agency.

Nippon Life India Asset Management Ltd submitted updated audited financial results for the quarter and year ended March 31, 2026, including the Unique Document Identification Number (UDIN) which was a clerical omission in the previous submission. The financial results themselves remain unchanged. The Board approved the standalone and consolidated financial results for Q4 and FY2026 with an unmodified opinion from auditors. A final dividend of ₹12.50 per equity share (₹10/- each) was recommended for FY2026, bringing the total dividend for FY2025-26 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 an amendment to ESOP 2017.

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.

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.

Nippon Life India Asset Management's Board of Directors, at its meeting on April 27, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board recommended a final dividend of ₹12.50 per equity share for FY26, 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. Additionally, the Board approved the adoption of a new Employee Stock Option Scheme (ESOS 2026) and amendments to existing ESOPs. Stock grants under PSU 2023 and ESOP 2023 were also approved. Mr. Sundeep Sikka assumed the role of MD & CEO for a fresh 5-year term, Mr. Hironao Kunita was appointed as an Additional (Non-Executive) Director, and Mr. Kosuke Kuroishi resigned.

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.