Please find enclosed the intimation for ESOP Allotment dated June 22, 2026

Nippon Life India Asset Management Ltd has allotted 5,15,730 equity shares under its Employee Stock Option Plan (ESOP) 2019, ESOP 2023, and Performance Linked Stock Unit (PSU) 2023 schemes. This allotment, approved on June 22, 2026, increases the company's paid-up equity share capital from 63,87,80,167 to 63,92,95,897 shares. The new shares rank pari passu with existing equity, constituting a minor dilution of about 0.08% and reflecting ongoing employee incentive programs.