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73,852.94
+114.49
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Corporate Announcement
Security Code
540767
Company
Nippon Life India Asset Management Ltd
Exchange Received Time
09/12/2019 17:14:04
Exchange Disseminated Time
09/12/2019 17:14:14
Time Taken
00:00:10
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
12/09/19 17:14
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 allotment of 2066 Equity Shares of Face Value Rs.10/- each under the "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017 (RNAM ESOP 2017)", upon exercise of 2066 Grants, at an Exercise Price of Rs. 204.25/- per Equity Share, as fully Paid-Up. The amount realized by the Company upon exercise of the said Grants is Rs. 421,980.50/- [2066 Grants @ Rs.204.25/- per Grant].
Consequently, with effect from December 09, 2019, the Issued, Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 61,20,39,526 Equity Shares of Face Value Rs.10/- each. The details are provided in letter attached.
The above 2066 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.
Attachment
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