November 17, 2022

BSE Limited

National Stock Exchange of India

Phiroze Jeejeebhoy Towers

Limited

Dalal Street, Fort,

Exchange Plaza, 5th Floor,

Mumbai 400 001

Plot No. C/1, G Block,

BSE Scrip Code: 540767

Bandra Kurla Complex,

Bandra (East), Mumbai 400 051

NSE Scrip Symbol: NAM-INDIA

Sub.: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 (NAM INDIA ESOP 2017) & Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (NAM INDIA ESOP 2019)

Dear Sir/ Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Allotment Committee, has today approved the following allotments-

  1. 8,757 Equity Shares of Face Value Rs.10/- each under the "Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 ("NAM INDIA ESOP 2017")" [formerly known as "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017"]; and
  2. 12,408 Equity Shares of Face Value Rs.10/- each under the "Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 ("NAM INDIA ESOP 2019")" [formerly known as "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2019"].

Consequently, with effect from November 17, 2022, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 62,30,97,445 Equity Shares of Face Value Rs.10/- each as under:

Particulars

No. of Equity Shares of

Amount in Rs.

Face Value Rs.10/-

(Rupees Ten Only)

each

Paid-Up Equity Share Capital of the

62,30,76,280

6,23,07,62,800

Company, as on October 13, 2022

Add: Allotment of Equity Shares under NAM

21,165

2,11,650

INDIA ESOP 2017 & NAM INDIA ESOP

2019, on November 17, 2022

Paid-Up Equity Share Capital post above

62,30,97,445

6,23,09,74,450

allotment

The above 21,165 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.

Please take the same on your record.

Thanking you,

Yours faithfully,

For Nippon Life India Asset Management Limited

NILUFER

GAURAV SHEKHAWAT

Digitally signed by

NILUFER GAURAV SHEKHAWAT Date: 2022.11.17 13:29:06 +05'30'

(Nilufer Shekhawat)

Company Secretary & Compliance Officer

Membership No.: A - 23264

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Nippon Life India Asset Management Ltd. published this content on 17 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2022 15:18:05 UTC.