Nippon Life India Asset Management declares interim dividend of ₹9.5 per share

What happened

Nippon Life India Asset Management (BSE: NAM-INDIA) informed the stock exchanges on 22 October 2026 at 02:13 PM that its board has declared a interim dividend of ₹9.5 per equity share.

From the filing: "DIVIDEND AND RECORD DATE: Declaration of an interim dividend of Rs. 9.50 / - per Equity Share of f ace 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."

How big is it?

At the latest price of ₹1,000, the ₹9.5 payout amounts to 0.95% of the share price.

Company snapshot

Nippon Life India Asset Management is a mid-cap company in the Financial Services sector, with a market value of about ₹63,930 crore.

The stock last traded at ₹1,000, against a 52-week range of ₹795.8–₹1,269.5 (21.2% below the high).

Before this filing the shares had moved −13.4% over the month and −12.9% over three months. Average daily turnover over the last 20 sessions was about ₹71.76 crore.

Promoters held 71.80% at the end of Q1 FY27, down 0.13% points from the previous quarter. Foreign institutions owned 7.04% and domestic institutions 15.49%.

What history shows

BCEIE has no earlier dividend filing from this company on record since May 2026.

Across 60 similar disclosures by other Financial Services companies, shares moved −0.3% on average the next day and +1.4% over five days; 42% of them rose the next day.

Market-wide, 861 dividend filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• 22 October 2026: Board meeting — Financial Results/Dividend.

Source

• Exchange filing (PDF)