The Board of directors of Nippon Life India Asset Management Ltd has recommended a final dividend of Rs. 7.50/- per Equity Share of Rs. 10/- each for the financial year ended March 31, 2022, for the approval of the shareholders at the ensuing Annual General meeting. With this the total dividend for the financial year 2021-22 would be Rs. 11/-, including the interim dividend of Rs. 3.50 per equity share distributed in November 2021.
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, July 01, 2022. The payment date for final dividend will be on and from July 19, 2022.