Shareholding Pattern: Shareholding Pattern NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	45.90	45.90	73.1	72.86	-0.24 %
Public	16.89	17.10	7.17	7.26	+0.09 %
DII	8.91	9.07	14.19	14.4	+0.21 %
FII	3.48	3.45	5.54	5.48	-0.06 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 73.1% in December 2023 to 72.86% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 7.17% in December 2023 to 7.26% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 14.19% in December 2023 to 14.4% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.21% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.54% in December 2023 to 5.48% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In crores)	Current Quarter Quantity (In crores)	Previous Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
NIPPON LIFE INSURANCE COMPANY	45.903	45.903	73.1	72.86	-0.24 %

NIPPON LIFE INSURANCE COMPANY faced a downturn in stakeholding this quarter, witnessing a decline of -0.24 % in stakeholding compared to the previous quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Key Managerial Personnel	0.054	0.067	0.09	0.11	+ 0.02 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	2.933	2.953	4.67	4.69	+ 0.02 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.551	0.559	0.88	0.89	+ 0.01 %
Non Resident Indians (NRIs)	0.291	0.263	0.46	0.42	-0.04 %
Bodies Corporate	0.565	0.601	0.9	0.95	+ 0.05 %
Any Other (specify)	0.115	0.128	0.18	0.2	+ 0.02 %
HUF	0.113	0.109	0.18	0.17	-0.01 %
Clearing Members	0.001	0.019	0	0.03	+ 0.03 %

Leading the way to higher stakeholding, Key Managerial Personnel has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.04 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.03 %.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	4.665	4.629	7.43	7.35	-0.08 %
SBI MUTUAL FUND	1.002	0.929	1.6	1.47	-0.13 %
HDFC MUTUAL FUND	1.105	1.073	1.76	1.7	-0.06 %
ICICI PRUDENTIAL MUTUAL FUND	0.850	0.728	1.35	1.16	-0.19 %
Alternate Investment Funds	0.096	0.200	0.15	0.32	+ 0.17 %
Insurance Companies	4.147	4.241	6.6	6.73	+ 0.13 %
LIFE INSURANCE CORPORATION OF INDIA	3.816	3.816	6.08	6.06	-0.02 %

Mutual Funds/ decreased their stake from 7.35% in the previous quarter to 7.43% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.SBI MUTUAL FUND decreased their stake from 1.47% in the previous quarter to 1.6% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.HDFC MUTUAL FUND decreased their stake from 1.7% in the previous quarter to 1.76% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.ICICI PRUDENTIAL MUTUAL FUND decreased their stake from 1.16% in the previous quarter to 1.35% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.19 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.17 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.13 % in their shares.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 6.06% in the previous quarter to 6.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	3.378	3.362	5.38	5.34	-0.04 %
BARON EMERGING MARKETS FUND	0.958	0.742	1.53	1.18	-0.35 %
Foreign Portfolio Investors Category II	0.098	0.092	0.16	0.15	-0.01 %

Stakeholding dwindled by -0.04 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.35 % for BARON EMERGING MARKETS FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.