Nippon Life India Asset Management has launched two index funds - Nippon India Nifty Auto Index Fund and Nippon India Nifty Realty Index Fund on 14 November 2024. Powered by Capital Market - Live News

Nippon Life India Asset Management has allotted 1,01,291 equity shares under ESOP on 13 November 2024. Post allotment, the paid up equity share capital has increased to 63,33,29,257 equity shares of Rs 10 each. Powered by Capital Market - Live News

Net profit of Nippon Life India Asset Management rose 47.33% to Rs 360.10 crore in the quarter ended September 2024 as against Rs 244.41 crore during the previous quarter ended September 2023. Sales rose 43.73% to Rs 571.30 crore in the quarter ended September 2024 as against Rs 397.48 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales571.30397.48 44 OPM %65.5360.73 - PBDT493.48317.58 55 PBT486.05310.39 57 NP360.10244.41 47 Powered by Capital Market - Live News

Nippon Life India Asset Mgt. announced that the Board of Directors of the Company at its meeting held on 24 October 2024, inter alia, have recommended the interim dividend of Rs 8 per equity Share (i.e. 80%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Nippon Life India Asset Mgt. will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live News