Nippon Life India Asset Management Limited at its board meeting held on April 25, 2023, recommended a final dividend of INR 7.50 per Equity Share of INR 10 each for the financial year ended March 31, 2023, for the approval of the shareholders at upcoming Annual General meeting. With this the total dividend for the financial year 2022-23 would be INR 11.50, including the interim dividend of INR 4.00 per equity share distributed in November 2022. The record date to determine those shareholders who will be eligible to receive the payment of final dividend, subject to shareholder's approval, will be Friday, June 30, 2023.

The payment date for final dividend will be on and from July 19, 2023.