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Nippon Life India AM: Mr. Sundeep Sikka Appointed MD & CEO; ESOP Plan Amended

Nippon Life India Asset Management Limited

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January 9, 2026, 04:12 PM

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Nippon Life India Asset Management Limited (NAM-INDIA) announced the outcome of its postal ballot, confirming the successful passing of two key resolutions.

The first resolution, an Ordinary Resolution, pertains to the appointment of Mr. Sundeep Sikka (DIN: 02553654) as the Managing Director & Chief Executive Officer of the Company. This appointment received overwhelming support, with approximately 98.08% of the valid votes cast in favour.

The second resolution, a Special Resolution, involved the approval for an amendment to the ‘Reliance Nippon Life Asset Management Limited – Employee Stock Option Plan 2019’. This amendment also garnered significant approval, with approximately 98.55% of the valid votes polled in favour.

The e-voting results, along with the Scrutinizer’s report from M/s. M. Siroya and Company, Practicing Company Secretaries, have been submitted to the stock exchanges and are available on the company’s website. The last date for e-voting was Friday, January 9, 2026. The cut-off date for reckoning voting rights was December 05, 2025.

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