Nippon Life India Asset Management Share price

The Company was originally incorporated as ‘Reliance Capital Asset Management Limited’ a public limited company under the Companies Act 1956 with a certificate of incorporation issued by the RoC Gujarat on February 24 1995 at Ahmedabad. The Company received a certificate for commencement of business on March 20 1995 from the RoC Gujarat. Subsequently in accordance with the terms of the Second Amended & Restated Shareholders’ Agreement dated October 13 2015 executed amongst the Company Reliance Capital and Nippon Life the name of the Company was changed to ‘Reliance Nippon Life Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies Mumbai on May 5 2016.Awards and accreditations2016-Awarded the AON Best Employer Award.-Recognised as one of the best BFSI brands of 2016 by the Economic Times.-Ranked 3 in the Asian Local Currency Bonds category at the Asset Benchmark Research Awards.-Awarded the ‘Best Disruptive Tech Solution/ Product of the Year – Automation’ award at the-Disruptive Tech and Innovation Awards 2016.2017-Awarded the ‘Silver Stevie Award’ in the ‘Innovation in Customer Service - Financial Services Industries’ category.-Awarded the ‘Most Innovative Mutual Fund’ award by Acquisitions International.Major events and milestones1995- Received the approval to act as the asset management company to the Reliance Mutual Fund then known as Reliance Capital Mutual Fund.Reliance Growth Fund and Reliance Vision Fund schemes launched by the Reliance Mutual Fund with the Company acting as the asset management company.2004-Commenced portfolio management services.-Commenced offshore operations in Mauritius by setting up a wholly owned subsidiary Reliance Asset Management (Mauritius) Limited.2005-Commenced offshore operations in Singapore by setting up a wholly owned subsidiary Reliance Asset Management (Singapore) Pte Limited.2008-Executed a contract to provide discretionary portfolio management services to the Employees’ -Provident Fund Organisation (acting through its Central Board of Trustees).2012- Received the first tranche of investment from Nippon Life. 2014- The Subsidiary Reliance AIF Management Company Limited appointed as the ‘manager’ to the Reliance Capital AIF Trust. - Reliance Japan Equity Fund a Japan focused open-ended diversified equity scheme launched by Reliance Mutual Fund with the Company acting as the asset management company.2015 - Entered into an Investor Advisory Agreement with Samsung Asset Management (Hong Kong) Limited- Equity-oriented Retirement Fund launched by Reliance Mutual Fund with the Company acting as the asset management company.- QAAUM (Reliance Mutual Fund) crossed Rs.1500000 million.2016- Acquired the asset management rights of 12 schemes being managed by Goldman Sachs Asset Management (India) Private Limited.- Launched the ‘Simply Save’ app and Instant Redemption facility.- Executed a contract to provide discretionary portfolio management services to the Coal Mines Provident Fund Organization (acting through its Board of Trustees).- The Subsidiary Reliance AIF Management Company Limited appointed as the ‘manager’ to the Reliance Event Opportunities Trust.2017- QAAUM (Reliance Mutual Fund) crossed Rs. 2000000 million.