Nippon Life India Asset Management Announces Retirement of Manager, Ajay Patel
Nippon Life India Asset Management Limited has announced the retirement of Mr. Ajay Patel, who holds the position of Manager and Key Managerial Personnel. His retirement will be effective from the clo...
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Why is Nippon Life India Asset Management Limited in the news today?
Nippon Life India Asset Management Limited (NAM-INDIA) is in the news due to the retirement of a key managerial personnel is a routine event and does not inherently carry a positive or negative financial implication for the company.
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Nippon Life India Asset Management Announces Retirement of Manager, Ajay Patel
January 2, 2026, 09:15 AM
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Nippon Life India Asset Management Limited has announced the retirement of Mr. Ajay Patel, who holds the position of Manager and Key Managerial Personnel. His retirement will be effective from the close of business hours on January 2, 2026, upon reaching the age of superannuation and completing his tenure as approved by the shareholders.
Consequently, Mr. Patel will also step down from his role as Senior Management Personnel from the same date. The company management has expressed gratitude for his long-standing association and contributions.
The details regarding this change, in accordance with SEBI regulations, have been provided as an annexure to the announcement. The company secretary and compliance officer, Valde Varghese, has formally communicated this information for the records.
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