{"id":7519,"date":"2026-10-23T08:22:50","date_gmt":"2026-10-23T02:52:50","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-23\/"},"modified":"2026-10-23T23:32:32","modified_gmt":"2026-10-23T18:02:32","slug":"nam-india-share-price-today-2026-10-23","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-23\/","title":{"rendered":"Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 5.47% | 23 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: NAM-INDIA<\/strong> \u00b7 23 October 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b9922.60<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-5.47%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b9975.70 \/ \u20b9881.60<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b9976.00<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>30.37 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>23 October 2026 \u00b7 03:30 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Nippon Life India Asset Management Ltd (NAM-INDIA) shares dropped 5.47% on Thursday, closing at \u20b9922.60 after trading between an intraday low of \u20b9881.60 and a high of \u20b9975.70.<\/li>\n<li>Nippon Life India Asset Management reported its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The board declared an interim dividend of \u20b99.50 per equity share with a record date of October 28, 2026. Additionally, the company accounted for an exceptional item of \u20b996.76 crores covering regulatory settlement amounts and management fee reversals.<\/li>\n<li>Trading volume was 4.39 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is Nippon L I A M share price falling on 23 October 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Nippon Life India Asset Management Ltd (NAM-INDIA) shares dropped 5.47% on Thursday, closing at \u20b9922.60 after trading between an intraday low of \u20b9881.60 and a high of \u20b9975.70.<\/p>\n<p class=\"wt-copy\">The stock underperformed broader market benchmarks as the Nifty slipped 0.39%. NAM-INDIA has faced significant downward pressure recently, registering a 5-day return of -15.26% and a 20-day return of -20.81%, reflecting persistent selling momentum leading up to the end of October.<\/p>\n<p class=\"wt-copy\">The price movement coincides with the company&#x27;s recent financial disclosures for the quarter ended September 30, 2026, which included an interim dividend declaration of \u20b99.50 per share alongside reporting an exceptional item relating to settlement provisions with SEBI over past mutual fund investments.<\/p>\n<p class=\"wt-copy\">30.37 lakh shares traded by 23 October 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 6.92 lakh shares (4.39 times). The five-day average daily volume was 6.73 lakh shares. Separately, the NSE report for 23 October 2026 showed 11.31 lakh shares delivered, representing 37.25% of that day\u2019s traded volume. The same report recorded 153,082 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>profit-taking and continuation of recent technical weakness<\/strong><\/p>\n<p class=\"wt-copy\">The sharp decline appears tied to ongoing selling pressure extending past a 20-day return loss of 20.81%, alongside recent earnings updates and settlement disclosures, though no single catalyst directly forces today&#x27;s exact percentage drop.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Q2 FY27 Financial Results and Interim Dividend<\/div>\n<div class=\"wt-card-date\">22 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Nippon Life India Asset Management reported its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The board declared an interim dividend of \u20b99.50 per equity share with a record date of October 28, 2026. Additionally, the company accounted for an exceptional item of \u20b996.76 crores covering regulatory settlement amounts and management fee reversals.<\/p>\n<p class=\"wt-copy\">Financial results and dividend payouts directly influence near-term shareholder returns and corporate valuation metrics.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Statement of Deviation or Variation in Fund Utilization<\/div>\n<div class=\"wt-card-date\">22 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">NAM-INDIA filed its statement under Regulation 32 confirming that there were no deviations or variations in the utilization of public issue proceeds for the quarter ended September 30, 2026. All allocations toward branch expansion, IT upgrades, brand building, and subsidiary investments remained aligned with original objectives.<\/p>\n<p class=\"wt-copy\">Confirms adherence to stated deployment schedules without unexpected capital diversions.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Monitoring Agency Report<\/div>\n<div class=\"wt-card-date\">22 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Monitoring Agency Report for quarter ended September 30, 2026<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026143847_SE_Intimation_MAR.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Statement of deviation(s) or variation(s) under Reg. 32<\/div>\n<div class=\"wt-card-date\">22 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">statement of deviation(s) or variation(s) under Reg. 32<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026142936_SE_Statement_of_deviation.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Record Date<\/div>\n<div class=\"wt-card-date\">22 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Nippon Life India Asset Management Limited has informed the Exchange that Record date for the purpose of Dividend is 28-Oct-2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026141053_Outcome_Final.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">71.72%<\/div>\n<div class=\"wt-note\">71.80% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">7.05%<\/div>\n<div class=\"wt-note\">7.04% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">22.61%<\/div>\n<div class=\"wt-note\">22.53% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742396_20102026110543_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"insider\" style=\"background:#edf5ff;border:1px solid #c9dbef;border-left:4px solid #4b7fb8;border-radius:10px\">\n<div class=\"wt-card-title\">Historical Insider Activity<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>Ateet Nagar Bansal<\/strong><span class=\"wt-note\">Employees\/Designated Employees<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>1,000 shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>23 March 2026<\/strong><\/div>\n<\/div>\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>Bhushan Shenolikar<\/strong><span class=\"wt-note\">Employees\/Designated Employees<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>500 shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>23 March 2026<\/strong><\/div>\n<\/div>\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>Amit Tripathi<\/strong><span class=\"wt-note\">Employees\/Designated Employees<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>2.70 lakh shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>23 March 2026<\/strong><\/div>\n<\/div>\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>Anamika Mattey<\/strong><span class=\"wt-note\">Employees\/Designated Employees<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>47,314 shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>23 March 2026<\/strong><\/div>\n<\/div>\n<div class=\"wt-insider-row\">\n<div class=\"wt-insider-person\"><strong>Ashish Chansoria<\/strong><span class=\"wt-note\">Employees\/Designated Employees<\/span><\/div>\n<div><span class=\"wt-label\">Transaction<\/span><strong>Buy<\/strong><\/div>\n<div><span class=\"wt-label\">Quantity<\/span><strong>2,148 shares<\/strong><\/div>\n<div><span class=\"wt-label\">Trade date<\/span><strong>23 March 2026<\/strong><\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">Source: NSE transaction disclosures. These are dated historical transactions.<\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 12.16% on 30 September 2026. This compares with 11.05% on 30 June 2026, a change of +1.11 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 38 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">HDFC MUTUAL FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">1.49 crore shares \u00b7 2.33%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">QUANT MUTUAL FUND<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">1.17 crore shares \u00b7 1.83%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">KOTAK MAHINDRA TRUSTEE CO LTD<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">1.12 crore shares \u00b7 1.75%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742396_20102026110543_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Share price reaction around the October 28, 2026 interim dividend record date<\/li>\n<li>Subsequent regulatory communications regarding the SEBI settlement order status<\/li>\n<li>Delivery percentage trends against the 20-day average volume of 3.04 million shares<\/li>\n<li>Management commentary and analyst interactions scheduled for upcoming investor meets<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-22\/\">Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 2.40% | 22 October 2026 \u2014 22 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-19\/\">Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 2.32% | 19 October 2026 \u2014 19 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-07\/\">Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 2.45% | 7 October 2026 \u2014 7 October 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/nam-india\/\">More Nippon L I A M news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Nippon L I A M company news?<\/h3>\n<p class=\"wt-copy\">Nippon Life India Asset Management reported its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The board declared an interim dividend of \u20b99.50 per equity share with a record date of October 28, 2026. Additionally, the company accounted for an exceptional item of \u20b996.76 crores covering regulatory settlement amounts and management fee reversals.<\/p>\n<h3>How strong was Nippon L I A M\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">30.37 lakh shares traded, 4.39 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 \u00b7 03:30 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-23\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/nam-india-share-price-today-2026-10-23\/\"}, \"headline\": \"Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 5.47% | 23 October 2026\", \"description\": \"Nippon L I A M share price fell 5.47% to \u20b9922.60 today. See why NAM-INDIA is falling, volume context, company developments and what to watch next.\", \"datePublished\": \"2026-10-23T02:52:50Z\", \"dateModified\": \"2026-10-23T23:32:25.201250+05:30\", \"author\": {\"@type\": \"Organization\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"publisher\": {\"@type\": \"Organization\", \"name\": \"WittyTrades\", \"url\": \"https:\/\/www.wittytrades.com\/\"}, \"inLanguage\": \"en-IN\", \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/nam-india-company-news-2026-10-23.jpg\"]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Monitoring Agency Report\",\"summary\":\"Monitoring Agency Report for quarter ended September 30, 2026\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:39:06\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026143847_SE_Intimation_MAR.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Monitoring Agency Report for the quarter ended September 30, 2026 In accordance with the Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, enclosed is the Monitoring Agency Report in respect of the utilisation of the proceeds of the IPO for the quarter ended September 30, 2026, issued by HDFC Bank Limited, the Monitoring Agency appointed by the Company. Kindly take the same on record. Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a \u00a2 Nippon Life 1nd1a Asset Management Ltd l<INCENTRIC) Best Employer 2ou; 1201a1201t 120211-2o~u 202:l Nippon Life Indio Asset Manage m ent Limi ted :,()th nonr, Orte I oc,lhO rlo::ft'!, !\\\"~ l'tOp:ld Aopm MOffJ, l OW.!r Pore~ t,1u1Y'bc1I - 40:CCIS. Moltomshtro I CIN. L65910MHl995rt.C\\\"'.t20i OS 1<,1 ~c22 ~0P, 7000 l i-nx~ 02:l 8$09-709? Fmnu: tll\\\\l\\\\1$rorrr:1Ntb n\u20ac,r.n~ponh't(:lloancom I WOh~tc: nnp:::l\/mrnir.pnnlnl'l!ohn com HDFC BANIK \\\\ . .HDFC Bank limited I-< Think Techno Campu s. Opp Crompton Greaves, Nr~u r Marg Rly Station, \\u002d\\u002d\u00b7- \\u002d\\u002d1v1crmb11t,Maharashtr~ OOi)4,~,\\u002d\\u002d\\u002d\\u002d SCHEDULE IX MONITORING REPORT NAME OF THE MONITORING AGENCY: HDFC Bank Limited . , MONITORING REPORT FOR THE QUARTER ENDED: September 30, ~026 (1) Name of the Issuer: Nippon Life India Asset Management Limited a) Deviation from the objects: Not Applicable P) Range of Deviation: Not Applicable Declaration: We hereby declare that this report is based on the format as prescribed by SEBI {ICDR) Regulation, 2018, as amended. I\/We further declare basis the certification issued by the statutory auditor of the company that this report provides true and fair view of the utilization of issue proceeds. We declare that we - do- not- have any direct \/ indirect interest in or relationship with the issuer\/promoters\/directors\/management and also confirm that we do not perceive any conflict of interest in such relationship \/ interest while monitoring and reporting the utilization of issue proceeds by the issuer. Signature: Name of the Authorized Person\/Signing Authority: Tushar Gavankar Designation of Authorized person\/Signing Authority: Vice President Seal of the Monitoring Agency: Date: 19.10.2026 www.hdfcbank.com Regd. Office: HDFC Bank Ltd., HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013 Corporate Identity No.: L65920MH1994PLC080618 1. Issuer Details: Name of the issuer Niooon Life India Asset Manaqement Limited :fhe names of the promoters of the ssuer Nippon Life Insurance Company Industry\/sector to which it belongs Asset Management Industry 2. Issue Details: Issue Period October 25, 2017, to October 27, 2017 Type of issue (public\/rights) Initial Public Offerinq Tvpe of specified securities Equity Shares Gradinq NA Rs. 1542.24 Crores (Fresh Issue: Rs. 616.90 Crores Offer for Issue size Sale: Rs. 925.34 Crores) 3. Details of the arrangement made to ensure the monitoring of issue proceeds: (Give item by item description for all the objects stated in offer document separately in following format) Particulars Reply Objects General corporate purposes (Including IPO related ex- penses) Comment Comments Comment Comments of of Monitor- of Board of of Moni- Board of Direc- ing Agen- Directors taring tors CV Aciencv Whether all the utilization is Yes\/ Yes(*) Yes NA Yes as per disclosure in Offer No Document? Whether Shareholder ap- Yes\/ NA(*) NA NA NA proval is obtained in case of No material deviations# from ex- penditures disclosed in Offer Document? Whether means of finance Yes\/ NA No NA No for disclosed objects of the No Issue has chanqed? Any major deviation ob- Yes\/ NA NA NA NA served over the earlier moni- No torinq aqencv reports? Whether all Government \/ Yes\/ NA Yes wher- NA Yes wherever ap- Statutory approvals related No ever appli- plicable to the obiect(s) obtained? cable Whether all arrangements Yes\/ NA NA NA NA pertaining to technical assis- No lance\/collaboration in opera- lion? Any favorable events improv- Yes\/ No No No No inq obiect\/s) viabilitv No Any unfavorable events at- Yes\/ No No No No fectinq object(s) viability No Any other relevant informa- Yes\/ No No No No lion that may materially af- No feet the decision making of the investors s (*) As per the Prospectus, the issuer company had estimated utilization of IPO proceeds during Fiscal year 2019, 2020 & 2021. Further, the prospectus also mentioned that \\\"in case the Net Proceeds are not completely utilized in a scheduled fiscal year due to any reason, the same would be utilized (in part or full) in the next fiscal year\/ subsequent period as may be determined by our company, in accordance with applicable law. The object wise unutilized amount as of end of September 2026 is disclosed in clause 4(i) below. 4. Details of object(s) to be monitored: Cost of object(s) - SI. No Item Original Revised Head Cost (as per Cost Offer Document) (Rs. in Crores) (Rs. in Crores) 1 Settino up new branches and relocatinq certain existinq branches 38.31 38.31 2 Uoaradinq the IT system 40.65 40.65 3 Advertisinq, marketinq and brand buildinq activities 72.09 72.09 4 Lending to Subsidiary (Nippon AIF) for investment of continuing interest in 125.00 125.00 the new AIF schemes manaqed by Niooon AIF 5 Investing towards our continuing interest in new mutual fund schemes 100.00 100.00 manaaed bv them 6 Fundinq in orqanic qrowth and strateaic initiatives 165.00 165.00 7 General Corporate purpose 44.06 47.80 Total 585.11 588.85 (i) Progress in the object(s)- (amount in Crores) I. Item Head Net Proceeds *Amount utilized Total unutilized No. as oer IPO Amount As at During At the Beginning end the of the of quarter quarter the auarter 1 Setting branches and relocating 38.31 14.85 0.97 15.82 22.49 up new certain existing branches 2 Upgrading the IT system 40.65 40.65 0.00 40.65 0.00 3 Advertising, marketing and brand building 72.09 72.09 0.00 72.09 0.00 activities 4 Lending to Subsidiary (Nippon AIF) for 125.00 125.00 0.00 125.00 0.00 investment of continuing interest in the new AIF schemes manaqed by Niooon AIF 5 Investing towards our continuing interest in 100.00 100.00 0.00 100.00 0.00 new mutual fund schemes manaqed by them 6 Funding inorganic growth and strategic 165.00 0.00 0.00 0.00 165.00 initiatives 7 General Corporate purpose 47.80 47.80 0.00 47.80 0.00 Total 588.85 400.39 0.97 401.36 187.49 (u) Deployment of unutilized IPO proceeds- SI. Type of instrument Amount Maturity date **Earnings - No. where amount invested invested Accrued interest (Rs. In as on 3Qlh Crores) September, 2026 Rs. In Crores) 1 Fixed Deposits with HUI-C !::lank 1 \/9.1o March 29, 2027 1.12 HDFC Bank 8.33 December 30, 0.00 2026 2 Bank Balance with *HDFC Bank- \\u002d\\u002d- \\u002d\\u002d- 0.00 57500000094673 (Monitoring Agency Ne) HDFC Bank- \\u002d\\u002d- \\u002d\\u002d- \\u002d\\u002d- 57500000091855 Public Issue Account) Total 187.49 \\u002d\\u002d- *Amounts in Rs Crores are rounded off to nearest lakhs rupees. **The Amount reflected as \\\"0\\\" are values with less than Rs 1 lakh. **Market Value of Fixed Deposit excludes interest accrued but not yet received (i) Delay in implementation of the object(s)- Object(s) Completion Date Name As per Offer Document I Actual No such delays observed (*) Return on Investment (ROI %) 6.50% 5.90% \\u002d\\u002d- \\u002d\\u002d- \\u002d\\u002d- Delay (No. of days\/months) (*)Asper the Prospectus, the issuer company had estimated utilization of IPO proceeds during Fiscal Year 2019, 2020 & 2021. Further, the prospectus also mentioned that \\\"in case the Net Proceeds are not completely utilized in a scheduled fiscal year due to any reason, the same would be utilized (in part or full) in the next fiscal year I subsequent period as may be determined by our company, in accordance with applicable law. The object wise unuti!ized amount as of end of September'2026 is disclosed in clause 4(i). ~e,~6AN \/1,( ' I ' I -1 . \\\" (.'\\\";\\\") ,'- -\u00ad '\"},{\"title\":\"Statement of deviation(s) or variation(s) under Reg. 32\",\"summary\":\"statement of deviation(s) or variation(s) under Reg. 32\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:29:56\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026142936_SE_Statement_of_deviation.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Disclosure under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Please find attached the statement of deviation\/variation in the utilisation of the proceeds as mentioned in the objects stated in the Prospectus dated October 30, 2017, in respect of the Initial Public Offering (IPO) of the Company in accordance with the Regulation 32(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please take the same on record. Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a Data Classification: Internal Use Only Statement of Deviation \/Variation in utilization of funds raised, for the Quarter ended 30th September 2026: Name of listed entity Nippon Life India Asset Management Limited Mode of Fund Raising Public Issue Date of Raising Funds 6th November 2017 Amount Raised Issue Size: Rs. 616.90 CroresNet Proceeds: Rs. 588.85 Crores Report filed for Quarter ended 30th September 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable HDFC Bank Limited Is there a Deviation \/ Variation in use of funds raised Nil If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders Not Applicable If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation \/ Variation Not Applicable Comments of the Audit Committee after review Comments of the auditors, if any None Objects for which funds have been raised and where there has been a deviation, in the following table There are no deviations Data Classification: Internal Use Only (Rs. In Crs) Original Object Modifi ed Object , if any Original Allocation Modified allocation, if any Funds Utilized Amount of Deviation\/Va riation for the quarter according to applicable objects Remarks If Any Setting up new branches and relocating certain existing branches NA 38.31 NA 15. 82 Nil None Upgrading the IT system NA 40.65 NA 40.65 Nil None Advertising, marketing and brand building activities NA 72.09 NA 72.09 Nil None Lending to Subsidiary (Nippon Life India AIF Mgt. Ltd.) for investment of continuing interest in the new AIF schemes managed by Nippon AIF NA 125.00 NA 1 25.00 Nil None Investing towards our continuing interest in new mutual fund schemes managed by them NA 100.00 NA 100.00 Nil None Funding inorganic growth and strategic initiatives NA 165.00 NA \\u002d\\u002d- Nil None General Corporate purpose NA 47.80 NA 47.80 Nil None 588.85 401.36 For Nippon Life India Asset Management Limited Parag Joglekar \u2013 Chief Financial Officer PARAG YASHWANT JOGLEKAR Digitally signed by PARAG YASHWANT JOGLEKAR Date: 2026.10.13 14:13:20 +05'30'\"},{\"title\":\"Investor Presentation\",\"summary\":\"Investor Presentation\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:19:43\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026141931_SE_Investor_Presentation.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Investor Presentation Further to our intimation dated October 17, 2026, please find attached the presentation to be made to the Analyst on the Financial Performance and Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026. Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a INVESTOR PRESENTATION Q2 FY27 For the quarter ended Sep -2026 Contents Mutual Fund Industry1 Nippon Life India Asset Management Limited2 ESG Focus3 Financial Overview4 Annexures5 2 Mutual Fund Industry 3 Source: AMFI . \u25aa Proportion of Equity assets has increased over the last year \u25aa Growth in Equity assets has been aided by strong retail participation Quarterly AUM Trend 4 56.8% 57.2% 58.2% 4.0% 4.0% 4.1% 18.3% 15.5% 14.3% 8.9% 9.5% 10.0% 12.0% 13.7% 13.5% Sep-25 Jun-26 Sep-26 Industry QAAUM (INR trillion) Equity Arbitrage Debt Liquid ETFs 77.1 83.1 87.2 Segment-wise Mix & Geographic Spread 5 Source: AMFI Note: Data based on MAAUM for the last month of the quarter \u25aa Individual segment contributes 61% of AUM \u25aa B-30 locations contribute 18.8% of AUM HNI 34% Corporate 39% Retail 27% Segment-wise MAAUM B-30 18.8% T-30 81.2% Location-wise MAAUM Systematic Investments 6 Source: AMFI \u25aa Steady growth witnessed in the monthly SIP flows (+11% YoY) \u25aa Monthly SIP flows in Sep-2026 at INR 325 bn \u2013 an all-time high \u25aa Contributing SIP folios increased by 9% YoY \u25aa SIP AUM increased by 15% YoY 294 318 325 Sep-25 Jun-26 Sep-26 Monthly SIP Flows (INR bn) 92.5 97.8 100.6 Sep-25 Jun-26 Sep-26 Contributing SIP Folios (mn) 15,523 17,705 17,861 Sep-25 Jun-26 Sep-26 SIP AUM (INR bn) 7 Nippon Life India Asset Management NAM India At A Glance 8 One of the largest Asset Managers in India, with track record of 30+ years Q2 FY27 Profit After Tax at INR 3.24 bn (-6% YoY \/ -36% QoQ) NAM India INR 8.68 trn Mutual Funds INR 7.54 trn Managed Accounts INR 1.00 trn International INR 135 bn (Advisory INR 15 bn) GIFT City \u2013 INR 4.3 bn Locations 271 Distributors 1,26,600+ Folios 40.6 mn Employees 1,222 B-30 assets INR 1.63 trn Individual AUM INR 4.88 trn Systematic Flows (Quarterly) INR 111 bn Unique Investors 24.3 mn Over 1 in 3 MF investors in India invests with us Financials AUM (Closing) Reach Retail Strength Key Highlights (1\/2) 9 1 Rank Maintained rank of 4th Largest AMC based on Total and Equity QAAUM No.1 Non-Bank Sponsored AMC and Foreign Owned AMC in India 2 AUM & Market Share QAAUM INR 7,871 bn, +20% YoY\/+5% QoQ MS 9.02%, +51 bps YoY\/-1 bp QoQ Fastest growing AMC YTD in Top-10 AMCs Highest MS increase YTD in Top-10 AMCs Equity MS 7.40%, +27 bps YoY\/+2 bps QoQ 3 Unique Investor & Folio Base Among Industry\u2019s highest investor base Unique investors - 24.3 mn, 38.4% mkt. share Total folios \u2013 40.6 mn, 0.4 mn added QoQ 4 Systematic Flows Q2 FY27 Systematic Flow - INR 111.5 bn, +4% YoY \/ +1% QoQ Annualised Sys. Book of INR 445 bn\"},{\"title\":\"Record Date\",\"summary\":\"Nippon Life India Asset Management Limited has informed the Exchange that Record date for the purpose of Dividend  is 28-Oct-2026.\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:11:20\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026141053_Outcome_Final.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001. BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Outcome of Board Meeting Further to our intimation dated October 15, 2026, we wish to inform you that the Board of Directors (\u201cthe Board\u201d) of Nippon Life India Asset Management Limite d (\u201cthe Company\u201d) at its meeting held today i.e. October 22, 2026, has, inter-alia, approved: 1. FINANCIAL RESULTS: The Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026, along with Limited Review Report(s) submitted by the Statutory Auditors of the Company pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 . A copy of the same along with a media release are attached for your information. 2. DIVIDEND AND RECORD DATE: Declaration of an interim dividend of Rs. 9.50\/- per Equity Share of face value of Rs. 10\/- each of the Company and has fixed the record date as October 28, 2026, for the purpose of ascertaining the entitlement of the shareholders to the interim dividend. The payment date for the said dividend will be on and from November 5, 2026. Further, the Board took note of the status of the Settlement Proceedings initiated in regard to the SEBI\u2019s show cause notice received during the FY 2024 -25 in respect of certain past investments made by certain NIMF schemes in the Yes Bank AT -1 Bonds. The Board also noted that in line with its previously granted approval, an amount of Rs. 96.76 Crores [comprising of Rs. 89.08 crores (including interest) on account of reversal of management fee earned; and Rs. 7.68 crores towards settlement amount in respect of the Company & its certain officials] has been duly paid by the Company during the quarter. The Board also noted that the Settlement Order in this regard is awaited from SEBI. The meeting of the Board of Directors of the Company commenced at 12:40 p.m. and concluded at 1:55 p.m. You are requested to take note of the above and arrange to bring to notice of all concerned . Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, India Tel: +91 22 6819 8000 Chartered Accountants S.R. Batliboi & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Of\ufb01ce : 22, Camac Street, Block \u2018B\u2019, 3rd Floor, Kolkata-700 016 Independent Auditor\u2019s Review Report on the Quarterl y and Year to Date Unaudi ted Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Nippon Life India Asset Management Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Nippon Life India Asset Management Limited (the \u201cCom pany\u201d) for the quarter ended Septem ber 30, 2026, and year to date from April 01, 2026 to September 30, 2026 (the \u201cStatement\u201d) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Lis ting Obligations and Disclosure Requirements) Regulations, 2015, as amended (the \u201cListing Regulations\u201d). 2. The Company\u2019s Management is responsible for the pr eparation of the Statemen t in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) \u201cInterim Financial Reporting\u201d prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regula tions. The Statement has been approved by the Company\u2019s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, \u201cReview of Interim Financial Information Performed by the Independent Auditor of the Entity\u201d issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whethe r the Statement is free of material misstatement. A review of interim financial informati on consists of making inquiries, pr imarily of persons responsible for financial and accounting matters, a nd applying analytical and other review procedures. A review is substantially less in scope than an audit conduc ted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as a bove, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (\u2018Ind AS\u2019) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw attention to Note 6 of the Statement, wh ich describes the ongoing settlement proceedings in respect of a show cause notice issued to the Company by the SEBI alleging non-compliance with certain provisions of the SEBI (Mutual Funds) Regulations, 1996 and circulars issued thereunder. Our conclusion on the Statement is not modified in respect of this matter. For S.R. Batliboi & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E\/E300005 per Pikashoo Mutha Partner Membership No.: 131658 UDIN: 26131658DBYUIF1536 Place: Mumbai Date: October 22, 2026 Digitally signed by Pikashoo Mutha DN: cn=Pikashoo Mutha, c=IN, o=Personal Date: 2026.10.22 13:52:51 +05'30' Pikashoo Mutha \u20b9 in crores Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Audited) 1 Income Revenue from operations 746.80 720.72 611.70 1,467.52 1,175.24 2,527.55 Other income 18.83 154.82 37.13 173.65 173.11 214.56 Total Income 765.63 875.54 648.83 1,641.17 1,348.35 2,742.11 2 Expenses 14.97 14.35 11.51 29.32 23.01 51.49 Finance cost 1.49 1.41 1.75 2.90 3.50 6.62 Fee and commission expenses 2.04 1.94 1.49 3.98 3.30 7.28 Employee benefits expenses 119.53 119.58 106.60 239.11 211.86 438.65 Depreciation and amortization expenses 11.44 11.00 8.27 22.44 16.21 37.59 Other expenses 93.36 97.31 82.50 190.67 154.94 317.68 Total expenses 227.86 231.24 200.61 459.10 389.81 807.82 3 Profit before exceptional items and tax (1-2) 537.77 644.30 448.22 1,182.07 958.54 1,934.29 4 Exceptional Items (Refer note No. 6) 96.76 - - 96.76 - - 5 Profit before tax ( 3-4) 441.01 644.30 448.22 1,085.31 958.54 1,934.29 6 Tax expense: (i) Current tax 124.52 133.09 110.25 257.61 226.86 424.83 (ii) Deferred tax (0.21) 24.79 (0.45) 24.58 7.97 11.71 Total tax expense 124.31 157.88 109.80 282.19 234.83 436.54 7 Profit fter tax (5-6) 316.70 486.42 338.42 803.12 723.71 1,497.75 8 Other comprehensive income (i) Items that will not be reclassified to profit or loss (2.78) (1.27) 0.18 (4.05) (5.06) (3.93) (ii) Income tax related to items that will not be reclassified to profit or loss 0.70 0.32 (0.05) 1.02 1.27 0.99 Total other comprehensive income, net of tax (2.08) (0.95) 0.13 (3.03) (3.79) (2.94) 9 Total comprehensive income (7+8) 314.62 485.47 338.55 800.09 719.92 1,494.81 Earnings per equity share face value of \u20b9 10 each fully paid (not annualised) (1) Basic (\u20b9) 4.95 7.62 5.33 12.55 11.39 23.54 (2) Diluted (\u20b9) 4.86 7.48 5.22 12.32 11.18 23.13 Paid-up equity share capital (Face value of \u20b9 10) 640.04 639.30 636.65 640.04 636.65 638.12 Other equity 3,785.07 See accompanying notes to the Unaudited Standalone Financial Results Nippon Life India Asset Management Limited Statement of Unaudited Standalone Profit and Loss for the quarter and half year ended September 30, 2026 Sr. No. Particulars Quarter ended Half Year ended Nippon Life India Asset Management Limited \u20b9 in crores Particulars As at September 30, 2026 As at March 31, 2026 (Reviewed) (Audited) ASSETS Financial assets Cash and cash equivalents 3.80 4.15 Bank balance other than above 229.34 221.66 Receivables (I) Trade receivables 138.41 61.34 (II) Other receivables - - Loans 57.20 34.67 Investments 3,562.57 3,562.30 Other financial assets 16.71 11.29 Sub-total - Financial assets 4,008.03 3,895.41 Non-financial assets Current tax assets (Net) 7.82 16.32 Property, plant and equipment 604.77 602.14 Right of use assets 62.85 60.73 Capital work-in-progress 4.47 2.26 Other intangible assets 241.57 242.06 Other non-financial assets 150.11 66.03 Sub-total - Non- Financial assets 1,071.59 989.54 Total assets 5,079.62 4,884.95 LIABILITIES AND EQUITY LIABILITIES Financial liabilities Payables Trade payables (i) total outstanding dues of micro enterprises and small enterprises 0.04 0.05 (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 89.41 78.13 Lease liabilities 68.63 65.71 Other financial liabilities 69.55 112.36 Sub-total - Financial Liabilities 227.63 256.25 Non-financial Liabilities Current tax liabilities (Net) 30.93 - Provisions 12.90 8.91 Deferred tax liabilities (Net) 149.57 124.99 Other non-financial liabilities 151.54 71.61 Sub-total - Non- Financial Liabilities 344.94 205.51 EQUITY Equity share capital 640.04 638.12 Other equity 3,867.01 3,785.07 Total Equity 4,507.05 4,423.19 Total liabilities and equity 5,079.62 4,884.95 See accompanying notes to the Unaudited Standalone Financial Results Standalone Balance Sheet as at September 30, 2026 Nippon Life India Asset Management Limited Statement of Standalone Cash flows for the half year ended September 30, 2026 \u20b9 in crores (Reviewed) (Reviewed) CASH FLOW FROM OPERATING ACTIVITIES : Profit before tax 1,085.31 958.54 Add\/(Less): Adjustments for Depreciation and amortization 22.44 16.21 Finance cost 2.90 3.50 Net (gain) \/ loss on sale of property, plant and equipments 0.21 (0.53) Provision \/ (Reversal) for ECL 0.24 (0.46) Remeasurement gain \/ (loss) of defined benefit obligations (4.05) (5.06) Employee share based payments 25.30 18.45 (Profit) \/ Loss on sale of investments (27.99) (77.97) Fair Value (Gain) \/ Loss on Investments (124.90) (74.71) Dividend income (0.09) (0.09) Interest income (15.32) (14.77) Operating profit before working capital changes 964.05 823.11 Adjustments for (increase)\/ decrease in operating assets: Trade and other receivables (77.07) (85.67) Other financial assets (0.49) (0.13) Other Non-financial assets (84.08) (2.93) Loans and advances to employees (0.12) 0.16 Adjustments for increase\/ (decrease) in operating liabilities: Trade payables 11.27 22.22 Other financial liabilities (42.81) (36.89) Provisions 3.99 3.68 Other non-financial liabilities 79.93 4.20 Cash generated from operations 854.67 727.75 Income taxes Paid (net of refunds) (217.16) (166.01) Net cash inflow from operating activities 637.51 561.74 CASH FLOW FROM INVESTING ACTIVITIES : Interest received 10.35 12.48 Dividend received 0.09 0.09 Purchase of property, plant and equipments and intangible assets (18.29) (6.23) Sales proceeds from disposal of property, plant and equipments 0.57 0.04 Purchase of investments (1,468.54) (1,756.86) Sale of investments 1,621.16 1,766.52 Proceeds from financial instruments placed with bank (7.68) 3.04 Inter corporate deposit repayment 56.46 68.89 Inter corporate deposit given (79.11) (24.19) Capital work-in-progress (2.21) (26.94) Net cash inflow from investing activities 112.80 36.84 CASH FLOW FROM FINANCING ACTIVITIES : Proceeds from Issuance of Share Capital 57.59 47.16 Principal Element of Lease Payments (6.23) (9.37) Interest Element of Lease Payments (2.90) (3.50) Share Application money pending Allotment - 0.09 Dividend paid (799.12) (635.35) Net cash (outflow) from financing activities (750.66) (600.97) NET DECREASE IN CASH AND BANK BALANCES (0.35) (2.39) Add : Cash and cash equivalents at the beginning of the year 4.15 8.43 Cash and cash equivalents at the end of the period 3.80 6.04 Particulars Half Year ended September 30, 2026 Half Year ended September 30, 2025 The above Statement of Standalone Cash Flows has been prepared under the 'Indirect Method' as set out in Ind AS 7, 'Statement of Cash Flows'. Notes: 1. 2. IPO Proceeds (net of IPO related expenses) Utilised upto Sep 30, 2026 Unutilised as of Sep 30, 2026 38.31 15.82 22.49 40.65 40.65 - 72.09 72.09 - 125.00 125.00 - 100.00 100.00 - 165.00 - 165.00 47.80 47.80 - 588.85 401.36 187.49 3. 4. 5. 6. 7. 8. 9. 10. For S.R. Batliboi & Co. LLP For and on behalf of the Board of Directors of Chartered Accountants Nippon Life India Asset Management Limited ICAI Firm Registration Number: 301003E\/E300005 per Pikashoo Mutha Sundeep Sikka Partner Managing Director & CEO Membership Number : 131658 DIN: 02553654 Mumbai, October 22, 2026 Particulars The standalone financial results have been prepared in accordance with t he recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as am ended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. The details of utilisation of IPO proceeds \u20b9 588.85 crore (net of IPO related expenses) are as follows: (\u20b9 in crore) Setting up new branches and relocating certain existing branches Upgrading the IT system Advertising, marketing and brand building activities Lending to our Subsidiary (Nippon Life India AIF Management Company Limited) for investment of continuing interest in the new AIF schemes managed by Nippon Life India AIF Management Company Limited Investing towards our continuing interest in new mutual fund schemes managed by the Company Funding inorganic growth and strategic initiatives General Corporate purpose Total Management continues to evaluate market conditions, changing busi ness dynamics and the competitive landscape so as to ensure optimal utilisation of the IPO Proceeds in the subsequent periods, in accordance with the objectives as stated in the IPO Prospectus. The Nomination and Remuneration Committee (NRC) of the Board of Directors of the Company at its meeting held on April 28, 2025 had approved a grant of 15,96,475 stock options at an exercise price of \u20b9898.04 per equity share under Employees Stock Option Plan - 2023 (\\\"ESOP 2023\\\") and grant of 3,87,448 stock options at an exercise price of \u20b910 per equity share under Performance linked Stock Unit Scheme 2023\u2019 (\u201cPSU 2023\u201d) to eligible employees of the Company and its subsidiaries. The total non-cash component of Employee Benef its Expenses on account of above grants is \u20b9 8.34 Crore for the quarter and \u20b914.28 Crore for the half year ended September 30, 2026 respectively. During the quarter ended September 30, 2026, the Company has allotted 7,46,085 equity shares of \u20b9 10 each pursuant to exercise of stock options by certain employees. The above standalone financial results for the quarter and half year ended September 30, 2026, have been reviewed by the Audit Committee of Directors and subsequently approved by the Boa rd of Directors at its meeting held on October 22, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors at its meeting held on October 22, 2026 have approved an interim dividend of \u20b9 9.50\/- per equity share. During the financial year 2024-25, the Company received a show cause notice dated August 30, 2024 from the Securities and Exchange Board of India (SEBI) alleging non-compliance with certain provisions of securiti es laws in relation to investments made by certain schemes of Nippon India Mutual Fund in AT-1 bonds issued by Yes Bank Limited. The Company and certain of its officials named in the show cause notice filed settlement applications under the SEBI (Settlement Proceedings) Regulations, 2018, without admitting or denying the findings of fact and conclusions of law. During the quarter ended September 30, 2026, SEBI communicated its in-principle acceptance of the settlement terms. Pursuant thereto, the Company remitted \u20b9 7.68 Crore towards settlement amounts in respect of the Company and the said officials and \u20b9 89.08 Crore towards management fees earned on the said investments, together with applic able interest thereon. The aggregate amount has been recognised as an exceptional item in the standalone financial results for the quarter and half year ended September 30, 2026. Further communication from SEBI is awaited and based on the current assessment, no further provision is considered necessary. The Hon\u2019ble Supreme Court on October 15, 2026 dismissed the appeals filed against the judgment of the Hon\u2019ble Bombay High Court dated January 20, 2023, which had set aside the write-off of the Additional Tier-1 bonds of Yes Bank Limited under taken in March 2020. In th ese proceedings, the interests of the bondholders, including the relevant schemes of Nippon India M utual Fund, were represented by Axis Trusteeship Services Limited, the debenture trustee for the said bonds. Any reco\"},{\"title\":\"Dividend\",\"summary\":\"Nippon Life India Asset Management Limited has informed the Exchange that Board of Directors at its meeting held on October 22, 2026, declared Interim Dividend of Rs. 9.50 per equity share.\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:09:52\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026140913_Outcome_Final.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001. BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Outcome of Board Meeting Further to our intimation dated October 15, 2026, we wish to inform you that the Board of Directors (\u201cthe Board\u201d) of Nippon Life India Asset Management Limite d (\u201cthe Company\u201d) at its meeting held today i.e. October 22, 2026, has, inter-alia, approved: 1. FINANCIAL RESULTS: The Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026, along with Limited Review Report(s) submitted by the Statutory Auditors of the Company pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 . A copy of the same along with a media release are attached for your information. 2. DIVIDEND AND RECORD DATE: Declaration of an interim dividend of Rs. 9.50\/- per Equity Share of face value of Rs. 10\/- each of the Company and has fixed the record date as October 28, 2026, for the purpose of ascertaining the entitlement of the shareholders to the interim dividend. The payment date for the said dividend will be on and from November 5, 2026. Further, the Board took note of the status of the Settlement Proceedings initiated in regard to the SEBI\u2019s show cause notice received during the FY 2024 -25 in respect of certain past investments made by certain NIMF schemes in the Yes Bank AT -1 Bonds. The Board also noted that in line with its previously granted approval, an amount of Rs. 96.76 Crores [comprising of Rs. 89.08 crores (including interest) on account of reversal of management fee earned; and Rs. 7.68 crores towards settlement amount in respect of the Company & its certain officials] has been duly paid by the Company during the quarter. The Board also noted that the Settlement Order in this regard is awaited from SEBI. The meeting of the Board of Directors of the Company commenced at 12:40 p.m. and concluded at 1:55 p.m. You are requested to take note of the above and arrange to bring to notice of all concerned . Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, India Tel: +91 22 6819 8000 Chartered Accountants S.R. Batliboi & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Of\ufb01ce : 22, Camac Street, Block \u2018B\u2019, 3rd Floor, Kolkata-700 016 Independent Auditor\u2019s Review Report on the Quarterl y and Year to Date Unaudi ted Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Nippon Life India Asset Management Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Nippon Life India Asset Management Limited (the \u201cCom pany\u201d) for the quarter ended Septem ber 30, 2026, and year to date from April 01, 2026 to September 30, 2026 (the \u201cStatement\u201d) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Lis ting Obligations and Disclosure Requirements) Regulations, 2015, as amended (the \u201cListing Regulations\u201d). 2. The Company\u2019s Management is responsible for the pr eparation of the Statemen t in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) \u201cInterim Financial Reporting\u201d prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regula tions. The Statement has been approved by the Company\u2019s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, \u201cReview of Interim Financial Information Performed by the Independent Auditor of the Entity\u201d issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whethe r the Statement is free of material misstatement. A review of interim financial informati on consists of making inquiries, pr imarily of persons responsible for financial and accounting matters, a nd applying analytical and other review procedures. A review is substantially less in scope than an audit conduc ted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as a bove, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (\u2018Ind AS\u2019) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw attention to Note 6 of the Statement, wh ich describes the ongoing settlement proceedings in respect of a show cause notice issued to the Company by the SEBI alleging non-compliance with certain provisions of the SEBI (Mutual Funds) Regulations, 1996 and circulars issued thereunder. Our conclusion on the Statement is not modified in respect of this matter. For S.R. Batliboi & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E\/E300005 per Pikashoo Mutha Partner Membership No.: 131658 UDIN: 26131658DBYUIF1536 Place: Mumbai Date: October 22, 2026 Digitally signed by Pikashoo Mutha DN: cn=Pikashoo Mutha, c=IN, o=Personal Date: 2026.10.22 13:52:51 +05'30' Pikashoo Mutha \u20b9 in crores Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Audited) 1 Income Revenue from operations 746.80 720.72 611.70 1,467.52 1,175.24 2,527.55 Other income 18.83 154.82 37.13 173.65 173.11 214.56 Total Income 765.63 875.54 648.83 1,641.17 1,348.35 2,742.11 2 Expenses 14.97 14.35 11.51 29.32 23.01 51.49 Finance cost 1.49 1.41 1.75 2.90 3.50 6.62 Fee and commission expenses 2.04 1.94 1.49 3.98 3.30 7.28 Employee benefits expenses 119.53 119.58 106.60 239.11 211.86 438.65 Depreciation and amortization expenses 11.44 11.00 8.27 22.44 16.21 37.59 Other expenses 93.36 97.31 82.50 190.67 154.94 317.68 Total expenses 227.86 231.24 200.61 459.10 389.81 807.82 3 Profit before exceptional items and tax (1-2) 537.77 644.30 448.22 1,182.07 958.54 1,934.29 4 Exceptional Items (Refer note No. 6) 96.76 - - 96.76 - - 5 Profit before tax ( 3-4) 441.01 644.30 448.22 1,085.31 958.54 1,934.29 6 Tax expense: (i) Current tax 124.52 133.09 110.25 257.61 226.86 424.83 (ii) Deferred tax (0.21) 24.79 (0.45) 24.58 7.97 11.71 Total tax expense 124.31 157.88 109.80 282.19 234.83 436.54 7 Profit fter tax (5-6) 316.70 486.42 338.42 803.12 723.71 1,497.75 8 Other comprehensive income (i) Items that will not be reclassified to profit or loss (2.78) (1.27) 0.18 (4.05) (5.06) (3.93) (ii) Income tax related to items that will not be reclassified to profit or loss 0.70 0.32 (0.05) 1.02 1.27 0.99 Total other comprehensive income, net of tax (2.08) (0.95) 0.13 (3.03) (3.79) (2.94) 9 Total comprehensive income (7+8) 314.62 485.47 338.55 800.09 719.92 1,494.81 Earnings per equity share face value of \u20b9 10 each fully paid (not annualised) (1) Basic (\u20b9) 4.95 7.62 5.33 12.55 11.39 23.54 (2) Diluted (\u20b9) 4.86 7.48 5.22 12.32 11.18 23.13 Paid-up equity share capital (Face value of \u20b9 10) 640.04 639.30 636.65 640.04 636.65 638.12 Other equity 3,785.07 See accompanying notes to the Unaudited Standalone Financial Results Nippon Life India Asset Management Limited Statement of Unaudited Standalone Profit and Loss for the quarter and half year ended September 30, 2026 Sr. No. Particulars Quarter ended Half Year ended Nippon Life India Asset Management Limited \u20b9 in crores Particulars As at September 30, 2026 As at March 31, 2026 (Reviewed) (Audited) ASSETS Financial assets Cash and cash equivalents 3.80 4.15 Bank balance other than above 229.34 221.66 Receivables (I) Trade receivables 138.41 61.34 (II) Other receivables - - Loans 57.20 34.67 Investments 3,562.57 3,562.30 Other financial assets 16.71 11.29 Sub-total - Financial assets 4,008.03 3,895.41 Non-financial assets Current tax assets (Net) 7.82 16.32 Property, plant and equipment 604.77 602.14 Right of use assets 62.85 60.73 Capital work-in-progress 4.47 2.26 Other intangible assets 241.57 242.06 Other non-financial assets 150.11 66.03 Sub-total - Non- Financial assets 1,071.59 989.54 Total assets 5,079.62 4,884.95 LIABILITIES AND EQUITY LIABILITIES Financial liabilities Payables Trade payables (i) total outstanding dues of micro enterprises and small enterprises 0.04 0.05 (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 89.41 78.13 Lease liabilities 68.63 65.71 Other financial liabilities 69.55 112.36 Sub-total - Financial Liabilities 227.63 256.25 Non-financial Liabilities Current tax liabilities (Net) 30.93 - Provisions 12.90 8.91 Deferred tax liabilities (Net) 149.57 124.99 Other non-financial liabilities 151.54 71.61 Sub-total - Non- Financial Liabilities 344.94 205.51 EQUITY Equity share capital 640.04 638.12 Other equity 3,867.01 3,785.07 Total Equity 4,507.05 4,423.19 Total liabilities and equity 5,079.62 4,884.95 See accompanying notes to the Unaudited Standalone Financial Results Standalone Balance Sheet as at September 30, 2026 Nippon Life India Asset Management Limited Statement of Standalone Cash flows for the half year ended September 30, 2026 \u20b9 in crores (Reviewed) (Reviewed) CASH FLOW FROM OPERATING ACTIVITIES : Profit before tax 1,085.31 958.54 Add\/(Less): Adjustments for Depreciation and amortization 22.44 16.21 Finance cost 2.90 3.50 Net (gain) \/ loss on sale of property, plant and equipments 0.21 (0.53) Provision \/ (Reversal) for ECL 0.24 (0.46) Remeasurement gain \/ (loss) of defined benefit obligations (4.05) (5.06) Employee share based payments 25.30 18.45 (Profit) \/ Loss on sale of investments (27.99) (77.97) Fair Value (Gain) \/ Loss on Investments (124.90) (74.71) Dividend income (0.09) (0.09) Interest income (15.32) (14.77) Operating profit before working capital changes 964.05 823.11 Adjustments for (increase)\/ decrease in operating assets: Trade and other receivables (77.07) (85.67) Other financial assets (0.49) (0.13) Other Non-financial assets (84.08) (2.93) Loans and advances to employees (0.12) 0.16 Adjustments for increase\/ (decrease) in operating liabilities: Trade payables 11.27 22.22 Other financial liabilities (42.81) (36.89) Provisions 3.99 3.68 Other non-financial liabilities 79.93 4.20 Cash generated from operations 854.67 727.75 Income taxes Paid (net of refunds) (217.16) (166.01) Net cash inflow from operating activities 637.51 561.74 CASH FLOW FROM INVESTING ACTIVITIES : Interest received 10.35 12.48 Dividend received 0.09 0.09 Purchase of property, plant and equipments and intangible assets (18.29) (6.23) Sales proceeds from disposal of property, plant and equipments 0.57 0.04 Purchase of investments (1,468.54) (1,756.86) Sale of investments 1,621.16 1,766.52 Proceeds from financial instruments placed with bank (7.68) 3.04 Inter corporate deposit repayment 56.46 68.89 Inter corporate deposit given (79.11) (24.19) Capital work-in-progress (2.21) (26.94) Net cash inflow from investing activities 112.80 36.84 CASH FLOW FROM FINANCING ACTIVITIES : Proceeds from Issuance of Share Capital 57.59 47.16 Principal Element of Lease Payments (6.23) (9.37) Interest Element of Lease Payments (2.90) (3.50) Share Application money pending Allotment - 0.09 Dividend paid (799.12) (635.35) Net cash (outflow) from financing activities (750.66) (600.97) NET DECREASE IN CASH AND BANK BALANCES (0.35) (2.39) Add : Cash and cash equivalents at the beginning of the year 4.15 8.43 Cash and cash equivalents at the end of the period 3.80 6.04 Particulars Half Year ended September 30, 2026 Half Year ended September 30, 2025 The above Statement of Standalone Cash Flows has been prepared under the 'Indirect Method' as set out in Ind AS 7, 'Statement of Cash Flows'. Notes: 1. 2. IPO Proceeds (net of IPO related expenses) Utilised upto Sep 30, 2026 Unutilised as of Sep 30, 2026 38.31 15.82 22.49 40.65 40.65 - 72.09 72.09 - 125.00 125.00 - 100.00 100.00 - 165.00 - 165.00 47.80 47.80 - 588.85 401.36 187.49 3. 4. 5. 6. 7. 8. 9. 10. For S.R. Batliboi & Co. LLP For and on behalf of the Board of Directors of Chartered Accountants Nippon Life India Asset Management Limited ICAI Firm Registration Number: 301003E\/E300005 per Pikashoo Mutha Sundeep Sikka Partner Managing Director & CEO Membership Number : 131658 DIN: 02553654 Mumbai, October 22, 2026 Particulars The standalone financial results have been prepared in accordance with t he recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as am ended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. The details of utilisation of IPO proceeds \u20b9 588.85 crore (net of IPO related expenses) are as follows: (\u20b9 in crore) Setting up new branches and relocating certain existing branches Upgrading the IT system Advertising, marketing and brand building activities Lending to our Subsidiary (Nippon Life India AIF Management Company Limited) for investment of continuing interest in the new AIF schemes managed by Nippon Life India AIF Management Company Limited Investing towards our continuing interest in new mutual fund schemes managed by the Company Funding inorganic growth and strategic initiatives General Corporate purpose Total Management continues to evaluate market conditions, changing busi ness dynamics and the competitive landscape so as to ensure optimal utilisation of the IPO Proceeds in the subsequent periods, in accordance with the objectives as stated in the IPO Prospectus. The Nomination and Remuneration Committee (NRC) of the Board of Directors of the Company at its meeting held on April 28, 2025 had approved a grant of 15,96,475 stock options at an exercise price of \u20b9898.04 per equity share under Employees Stock Option Plan - 2023 (\\\"ESOP 2023\\\") and grant of 3,87,448 stock options at an exercise price of \u20b910 per equity share under Performance linked Stock Unit Scheme 2023\u2019 (\u201cPSU 2023\u201d) to eligible employees of the Company and its subsidiaries. The total non-cash component of Employee Benef its Expenses on account of above grants is \u20b9 8.34 Crore for the quarter and \u20b914.28 Crore for the half year ended September 30, 2026 respectively. During the quarter ended September 30, 2026, the Company has allotted 7,46,085 equity shares of \u20b9 10 each pursuant to exercise of stock options by certain employees. The above standalone financial results for the quarter and half year ended September 30, 2026, have been reviewed by the Audit Committee of Directors and subsequently approved by the Boa rd of Directors at its meeting held on October 22, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors at its meeting held on October 22, 2026 have approved an interim dividend of \u20b9 9.50\/- per equity share. During the financial year 2024-25, the Company received a show cause notice dated August 30, 2024 from the Securities and Exchange Board of India (SEBI) alleging non-compliance with certain provisions of securiti es laws in relation to investments made by certain schemes of Nippon India Mutual Fund in AT-1 bonds issued by Yes Bank Limited. The Company and certain of its officials named in the show cause notice filed settlement applications under the SEBI (Settlement Proceedings) Regulations, 2018, without admitting or denying the findings of fact and conclusions of law. During the quarter ended September 30, 2026, SEBI communicated its in-principle acceptance of the settlement terms. Pursuant thereto, the Company remitted \u20b9 7.68 Crore towards settlement amounts in respect of the Company and the said officials and \u20b9 89.08 Crore towards management fees earned on the said investments, together with applic able interest thereon. The aggregate amount has been recognised as an exceptional item in the standalone financial results for the quarter and half year ended September 30, 2026. Further communication from SEBI is awaited and based on the current assessment, no further provision is considered necessary. The Hon\u2019ble Supreme Court on October 15, 2026 dismissed the appeals filed against the judgment of the Hon\u2019ble Bombay High Court dated January 20, 2023, which had set aside the write-off of the Additional Tier-1 bonds of Yes Bank Limited under taken in March 2020. In th ese proceedings, the interests of the bondholders, including the relevant schemes of Nippon India M utual Fund, were represented by Axis Trusteeship Services Limited, the debenture trustee for the said bonds. Any reco\"},{\"title\":\"Outcome of Board Meeting\",\"summary\":\"Nippon Life India Asset Management Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 14:07:41\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026140457_Outcome_Final.pdf\",\"disclosure_text\":\"October 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001. BSE Scrip Code: 540767 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C\/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Sub.: Outcome of Board Meeting Further to our intimation dated October 15, 2026, we wish to inform you that the Board of Directors (\u201cthe Board\u201d) of Nippon Life India Asset Management Limite d (\u201cthe Company\u201d) at its meeting held today i.e. October 22, 2026, has, inter-alia, approved: 1. FINANCIAL RESULTS: The Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026, along with Limited Review Report(s) submitted by the Statutory Auditors of the Company pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 . A copy of the same along with a media release are attached for your information. 2. DIVIDEND AND RECORD DATE: Declaration of an interim dividend of Rs. 9.50\/- per Equity Share of face value of Rs. 10\/- each of the Company and has fixed the record date as October 28, 2026, for the purpose of ascertaining the entitlement of the shareholders to the interim dividend. The payment date for the said dividend will be on and from November 5, 2026. Further, the Board took note of the status of the Settlement Proceedings initiated in regard to the SEBI\u2019s show cause notice received during the FY 2024 -25 in respect of certain past investments made by certain NIMF schemes in the Yes Bank AT -1 Bonds. The Board also noted that in line with its previously granted approval, an amount of Rs. 96.76 Crores [comprising of Rs. 89.08 crores (including interest) on account of reversal of management fee earned; and Rs. 7.68 crores towards settlement amount in respect of the Company & its certain officials] has been duly paid by the Company during the quarter. The Board also noted that the Settlement Order in this regard is awaited from SEBI. The meeting of the Board of Directors of the Company commenced at 12:40 p.m. and concluded at 1:55 p.m. You are requested to take note of the above and arrange to bring to notice of all concerned . Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a\/a 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, India Tel: +91 22 6819 8000 Chartered Accountants S.R. Batliboi & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Of\ufb01ce : 22, Camac Street, Block \u2018B\u2019, 3rd Floor, Kolkata-700 016 Independent Auditor\u2019s Review Report on the Quarterl y and Year to Date Unaudi ted Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Nippon Life India Asset Management Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Nippon Life India Asset Management Limited (the \u201cCom pany\u201d) for the quarter ended Septem ber 30, 2026, and year to date from April 01, 2026 to September 30, 2026 (the \u201cStatement\u201d) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Lis ting Obligations and Disclosure Requirements) Regulations, 2015, as amended (the \u201cListing Regulations\u201d). 2. The Company\u2019s Management is responsible for the pr eparation of the Statemen t in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) \u201cInterim Financial Reporting\u201d prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regula tions. The Statement has been approved by the Company\u2019s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, \u201cReview of Interim Financial Information Performed by the Independent Auditor of the Entity\u201d issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whethe r the Statement is free of material misstatement. A review of interim financial informati on consists of making inquiries, pr imarily of persons responsible for financial and accounting matters, a nd applying analytical and other review procedures. A review is substantially less in scope than an audit conduc ted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as a bove, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (\u2018Ind AS\u2019) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw attention to Note 6 of the Statement, wh ich describes the ongoing settlement proceedings in respect of a show cause notice issued to the Company by the SEBI alleging non-compliance with certain provisions of the SEBI (Mutual Funds) Regulations, 1996 and circulars issued thereunder. Our conclusion on the Statement is not modified in respect of this matter. For S.R. Batliboi & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E\/E300005 per Pikashoo Mutha Partner Membership No.: 131658 UDIN: 26131658DBYUIF1536 Place: Mumbai Date: October 22, 2026 Digitally signed by Pikashoo Mutha DN: cn=Pikashoo Mutha, c=IN, o=Personal Date: 2026.10.22 13:52:51 +05'30' Pikashoo Mutha \u20b9 in crores Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Reviewed) (Audited) 1 Income Revenue from operations 746.80 720.72 611.70 1,467.52 1,175.24 2,527.55 Other income 18.83 154.82 37.13 173.65 173.11 214.56 Total Income 765.63 875.54 648.83 1,641.17 1,348.35 2,742.11 2 Expenses 14.97 14.35 11.51 29.32 23.01 51.49 Finance cost 1.49 1.41 1.75 2.90 3.50 6.62 Fee and commission expenses 2.04 1.94 1.49 3.98 3.30 7.28 Employee benefits expenses 119.53 119.58 106.60 239.11 211.86 438.65 Depreciation and amortization expenses 11.44 11.00 8.27 22.44 16.21 37.59 Other expenses 93.36 97.31 82.50 190.67 154.94 317.68 Total expenses 227.86 231.24 200.61 459.10 389.81 807.82 3 Profit before exceptional items and tax (1-2) 537.77 644.30 448.22 1,182.07 958.54 1,934.29 4 Exceptional Items (Refer note No. 6) 96.76 - - 96.76 - - 5 Profit before tax ( 3-4) 441.01 644.30 448.22 1,085.31 958.54 1,934.29 6 Tax expense: (i) Current tax 124.52 133.09 110.25 257.61 226.86 424.83 (ii) Deferred tax (0.21) 24.79 (0.45) 24.58 7.97 11.71 Total tax expense 124.31 157.88 109.80 282.19 234.83 436.54 7 Profit fter tax (5-6) 316.70 486.42 338.42 803.12 723.71 1,497.75 8 Other comprehensive income (i) Items that will not be reclassified to profit or loss (2.78) (1.27) 0.18 (4.05) (5.06) (3.93) (ii) Income tax related to items that will not be reclassified to profit or loss 0.70 0.32 (0.05) 1.02 1.27 0.99 Total other comprehensive income, net of tax (2.08) (0.95) 0.13 (3.03) (3.79) (2.94) 9 Total comprehensive income (7+8) 314.62 485.47 338.55 800.09 719.92 1,494.81 Earnings per equity share face value of \u20b9 10 each fully paid (not annualised) (1) Basic (\u20b9) 4.95 7.62 5.33 12.55 11.39 23.54 (2) Diluted (\u20b9) 4.86 7.48 5.22 12.32 11.18 23.13 Paid-up equity share capital (Face value of \u20b9 10) 640.04 639.30 636.65 640.04 636.65 638.12 Other equity 3,785.07 See accompanying notes to the Unaudited Standalone Financial Results Nippon Life India Asset Management Limited Statement of Unaudited Standalone Profit and Loss for the quarter and half year ended September 30, 2026 Sr. No. Particulars Quarter ended Half Year ended Nippon Life India Asset Management Limited \u20b9 in crores Particulars As at September 30, 2026 As at March 31, 2026 (Reviewed) (Audited) ASSETS Financial assets Cash and cash equivalents 3.80 4.15 Bank balance other than above 229.34 221.66 Receivables (I) Trade receivables 138.41 61.34 (II) Other receivables - - Loans 57.20 34.67 Investments 3,562.57 3,562.30 Other financial assets 16.71 11.29 Sub-total - Financial assets 4,008.03 3,895.41 Non-financial assets Current tax assets (Net) 7.82 16.32 Property, plant and equipment 604.77 602.14 Right of use assets 62.85 60.73 Capital work-in-progress 4.47 2.26 Other intangible assets 241.57 242.06 Other non-financial assets 150.11 66.03 Sub-total - Non- Financial assets 1,071.59 989.54 Total assets 5,079.62 4,884.95 LIABILITIES AND EQUITY LIABILITIES Financial liabilities Payables Trade payables (i) total outstanding dues of micro enterprises and small enterprises 0.04 0.05 (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 89.41 78.13 Lease liabilities 68.63 65.71 Other financial liabilities 69.55 112.36 Sub-total - Financial Liabilities 227.63 256.25 Non-financial Liabilities Current tax liabilities (Net) 30.93 - Provisions 12.90 8.91 Deferred tax liabilities (Net) 149.57 124.99 Other non-financial liabilities 151.54 71.61 Sub-total - Non- Financial Liabilities 344.94 205.51 EQUITY Equity share capital 640.04 638.12 Other equity 3,867.01 3,785.07 Total Equity 4,507.05 4,423.19 Total liabilities and equity 5,079.62 4,884.95 See accompanying notes to the Unaudited Standalone Financial Results Standalone Balance Sheet as at September 30, 2026 Nippon Life India Asset Management Limited Statement of Standalone Cash flows for the half year ended September 30, 2026 \u20b9 in crores (Reviewed) (Reviewed) CASH FLOW FROM OPERATING ACTIVITIES : Profit before tax 1,085.31 958.54 Add\/(Less): Adjustments for Depreciation and amortization 22.44 16.21 Finance cost 2.90 3.50 Net (gain) \/ loss on sale of property, plant and equipments 0.21 (0.53) Provision \/ (Reversal) for ECL 0.24 (0.46) Remeasurement gain \/ (loss) of defined benefit obligations (4.05) (5.06) Employee share based payments 25.30 18.45 (Profit) \/ Loss on sale of investments (27.99) (77.97) Fair Value (Gain) \/ Loss on Investments (124.90) (74.71) Dividend income (0.09) (0.09) Interest income (15.32) (14.77) Operating profit before working capital changes 964.05 823.11 Adjustments for (increase)\/ decrease in operating assets: Trade and other receivables (77.07) (85.67) Other financial assets (0.49) (0.13) Other Non-financial assets (84.08) (2.93) Loans and advances to employees (0.12) 0.16 Adjustments for increase\/ (decrease) in operating liabilities: Trade payables 11.27 22.22 Other financial liabilities (42.81) (36.89) Provisions 3.99 3.68 Other non-financial liabilities 79.93 4.20 Cash generated from operations 854.67 727.75 Income taxes Paid (net of refunds) (217.16) (166.01) Net cash inflow from operating activities 637.51 561.74 CASH FLOW FROM INVESTING ACTIVITIES : Interest received 10.35 12.48 Dividend received 0.09 0.09 Purchase of property, plant and equipments and intangible assets (18.29) (6.23) Sales proceeds from disposal of property, plant and equipments 0.57 0.04 Purchase of investments (1,468.54) (1,756.86) Sale of investments 1,621.16 1,766.52 Proceeds from financial instruments placed with bank (7.68) 3.04 Inter corporate deposit repayment 56.46 68.89 Inter corporate deposit given (79.11) (24.19) Capital work-in-progress (2.21) (26.94) Net cash inflow from investing activities 112.80 36.84 CASH FLOW FROM FINANCING ACTIVITIES : Proceeds from Issuance of Share Capital 57.59 47.16 Principal Element of Lease Payments (6.23) (9.37) Interest Element of Lease Payments (2.90) (3.50) Share Application money pending Allotment - 0.09 Dividend paid (799.12) (635.35) Net cash (outflow) from financing activities (750.66) (600.97) NET DECREASE IN CASH AND BANK BALANCES (0.35) (2.39) Add : Cash and cash equivalents at the beginning of the year 4.15 8.43 Cash and cash equivalents at the end of the period 3.80 6.04 Particulars Half Year ended September 30, 2026 Half Year ended September 30, 2025 The above Statement of Standalone Cash Flows has been prepared under the 'Indirect Method' as set out in Ind AS 7, 'Statement of Cash Flows'. Notes: 1. 2. IPO Proceeds (net of IPO related expenses) Utilised upto Sep 30, 2026 Unutilised as of Sep 30, 2026 38.31 15.82 22.49 40.65 40.65 - 72.09 72.09 - 125.00 125.00 - 100.00 100.00 - 165.00 - 165.00 47.80 47.80 - 588.85 401.36 187.49 3. 4. 5. 6. 7. 8. 9. 10. For S.R. Batliboi & Co. LLP For and on behalf of the Board of Directors of Chartered Accountants Nippon Life India Asset Management Limited ICAI Firm Registration Number: 301003E\/E300005 per Pikashoo Mutha Sundeep Sikka Partner Managing Director & CEO Membership Number : 131658 DIN: 02553654 Mumbai, October 22, 2026 Particulars The standalone financial results have been prepared in accordance with t he recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting, notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as am ended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. The details of utilisation of IPO proceeds \u20b9 588.85 crore (net of IPO related expenses) are as follows: (\u20b9 in crore) Setting up new branches and relocating certain existing branches Upgrading the IT system Advertising, marketing and brand building activities Lending to our Subsidiary (Nippon Life India AIF Management Company Limited) for investment of continuing interest in the new AIF schemes managed by Nippon Life India AIF Management Company Limited Investing towards our continuing interest in new mutual fund schemes managed by the Company Funding inorganic growth and strategic initiatives General Corporate purpose Total Management continues to evaluate market conditions, changing busi ness dynamics and the competitive landscape so as to ensure optimal utilisation of the IPO Proceeds in the subsequent periods, in accordance with the objectives as stated in the IPO Prospectus. The Nomination and Remuneration Committee (NRC) of the Board of Directors of the Company at its meeting held on April 28, 2025 had approved a grant of 15,96,475 stock options at an exercise price of \u20b9898.04 per equity share under Employees Stock Option Plan - 2023 (\\\"ESOP 2023\\\") and grant of 3,87,448 stock options at an exercise price of \u20b910 per equity share under Performance linked Stock Unit Scheme 2023\u2019 (\u201cPSU 2023\u201d) to eligible employees of the Company and its subsidiaries. The total non-cash component of Employee Benef its Expenses on account of above grants is \u20b9 8.34 Crore for the quarter and \u20b914.28 Crore for the half year ended September 30, 2026 respectively. During the quarter ended September 30, 2026, the Company has allotted 7,46,085 equity shares of \u20b9 10 each pursuant to exercise of stock options by certain employees. The above standalone financial results for the quarter and half year ended September 30, 2026, have been reviewed by the Audit Committee of Directors and subsequently approved by the Boa rd of Directors at its meeting held on October 22, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors at its meeting held on October 22, 2026 have approved an interim dividend of \u20b9 9.50\/- per equity share. During the financial year 2024-25, the Company received a show cause notice dated August 30, 2024 from the Securities and Exchange Board of India (SEBI) alleging non-compliance with certain provisions of securiti es laws in relation to investments made by certain schemes of Nippon India Mutual Fund in AT-1 bonds issued by Yes Bank Limited. The Company and certain of its officials named in the show cause notice filed settlement applications under the SEBI (Settlement Proceedings) Regulations, 2018, without admitting or denying the findings of fact and conclusions of law. During the quarter ended September 30, 2026, SEBI communicated its in-principle acceptance of the settlement terms. Pursuant thereto, the Company remitted \u20b9 7.68 Crore towards settlement amounts in respect of the Company and the said officials and \u20b9 89.08 Crore towards management fees earned on the said investments, together with applic able interest thereon. The aggregate amount has been recognised as an exceptional item in the standalone financial results for the quarter and half year ended September 30, 2026. Further communication from SEBI is awaited and based on the current assessment, no further provision is considered necessary. The Hon\u2019ble Supreme Court on October 15, 2026 dismissed the appeals filed against the judgment of the Hon\u2019ble Bombay High Court dated January 20, 2023, which had set aside the write-off of the Additional Tier-1 bonds of Yes Bank Limited under taken in March 2020. In th ese proceedings, the interests of the bondholders, including the relevant schemes of Nippon India M utual Fund, were represented by Axis Trusteeship Services Limited, the debenture trustee for the said bonds. Any reco\"},{\"summary\":\"Nippon Life India Asset Management Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"22-Oct-2026 14:07:41\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026140457_Outcome_Final.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"Nippon Life India Asset Management Limited has informed the Exchange that Record date for the purpose of Dividend is 28-Oct-2026.\",\"category\":\"Record Date\",\"date\":\"22-Oct-2026 14:11:20\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026141053_Outcome_Final.pdf\",\"headline\":\"Shareholder-return \/ corporate action\",\"impact\":\"This affects shareholder returns or the share structure and can influence near-term investor interest.\",\"importance_score\":3,\"completeness_score\":4}],\"recent_news\":[{\"summary\":\"Nippon Life India Asset Management Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"22-Oct-2026 14:07:41\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026140457_Outcome_Final.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"Nippon Life India Asset Management Limited has informed the Exchange that Record date for the purpose of Dividend is 28-Oct-2026.\",\"category\":\"Record Date\",\"date\":\"22-Oct-2026 14:11:20\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026141053_Outcome_Final.pdf\",\"headline\":\"Shareholder-return \/ corporate action\",\"impact\":\"This affects shareholder returns or the share structure and can influence near-term investor interest.\",\"importance_score\":3,\"completeness_score\":4},{\"summary\":\"Nippon Life India Asset Management Limited has informed the Exchange that Board of Directors at its meeting held on October 22, 2026, declared Interim Dividend of Rs. 9.50 per equity share.\",\"category\":\"Dividend\",\"date\":\"22-Oct-2026 14:09:52\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/RNLAM_22102026140913_Outcome_Final.pdf\",\"headline\":\"Management \/ board update\",\"impact\":\"Management and board changes can matter for execution, governance and continuity, although they do not automatically explain the day's share-price move.\",\"importance_score\":3,\"completeness_score\":5}],\"insider_activity\":[{\"person\":\"Ateet Nagar Bansal\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"1000.0\",\"post_holding\":\"3084\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Bhushan Shenolikar\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"500.0\",\"post_holding\":\"500\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Amit Tripathi\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"270371.0\",\"post_holding\":\"424720\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Anamika Mattey\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"47314.0\",\"post_holding\":\"119686\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Ashish Chansoria\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"2148.0\",\"post_holding\":\"4870\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Vaibhav Sahni\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"15826.0\",\"post_holding\":\"26456\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Nitin Gupta\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"65926.0\",\"post_holding\":\"214423\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Anand Kumar Choubey\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"565.0\",\"post_holding\":\"1100\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Abhishek Shilendra Taliwal\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"1000.0\",\"post_holding\":\"4575\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"},{\"person\":\"Vaidehi Vidyarthi\",\"category\":\"Employees\/Designated Employees\",\"type\":\"Buy\",\"quantity\":\"20667.0\",\"post_holding\":\"20667\",\"date\":\"23-Mar-2026\",\"mode\":\"ESOP\",\"source\":\"NSE PIT disclosure\"}],\"shareholding_snapshot\":{\"promoter_pct\":71.72,\"public_pct\":28.28,\"fii_pct\":7.05,\"dii_pct\":15.56,\"mf_pct\":12.16,\"institutional_pct\":22.61,\"noninst_pct\":5.67,\"mf_scheme_count\":38,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"HDFC MUTUAL FUND\",\"shares\":14887469,\"pct\":2.33},{\"name\":\"QUANT MUTUAL FUND\",\"shares\":11738098,\"pct\":1.83},{\"name\":\"KOTAK MAHINDRA TRUSTEE CO LTD\",\"shares\":11203552,\"pct\":1.75},{\"name\":\"HSBC MUTUAL FUND\",\"shares\":9697226,\"pct\":1.52}],\"period\":\"30-SEP-2026\",\"submission_date\":\"20-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742396_20102026110543_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":71.8,\"previous_fii_pct\":7.04,\"previous_dii_pct\":15.49,\"previous_mf_pct\":11.05,\"previous_institutional_pct\":22.53,\"previous_mf_scheme_count\":37,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon L I A M share price fell 5.47% to \u20b9922.60 today. See why NAM-INDIA is falling, volume context, company developments and what to watch next.<\/p>\n","protected":false},"author":1,"featured_media":7518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Nippon L I A M Share Price Today: Why NAM-INDIA Is Falling 5.47% | 23 October 2026","_witty_meta_description":"Nippon L I A M share price fell 5.47% to \u20b9922.60 today. 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