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Nippon Life India confirms no deviations in IPO fund utilization through September 2026
22-Oct-2026, 03:29

Nippon Life India Asset Management Limited disclosed a statement of deviation/variation in the utilization of funds raised from its Initial Public Offering of Rs 616.90 crore, with net proceeds of Rs 588.85 crore, on October 22, 2026, noting no deviations in the use of funds as of the quarter ended September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.