Allotment of 103,173 equity shares on May 6, 2026
ICICIGI · price
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ICICI Lombard has allotted 103,173 equity shares of ₹10 each on May 6, 2026 under its employee stock option schemes. Of these, 75,627 shares were allotted under the ICICI Lombard Employees Stock Option Scheme - 2005, and 27,546 shares under the ICICI Lombard - Employees Stock Unit Scheme - 2023. The allotment was approved by a Whole-time Director based on authority delegated by the Board in July 2023. The new shares will rank equally with existing equity shares.
This is a routine employee stock option exercise with minimal dilution impact. The share count increases slightly, but this is a normal part of executive compensation and unlikely to materially affect the stock price.