Announced Mon, 23 Feb · 23:05 IST

ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 47109 Shares.

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ICICIGI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ICICI Lombard General Insurance Company has allotted 47,109 equity shares of ₹10 each on February 23, 2026 under its employee stock option schemes. Of these, 44,038 shares were allotted under the ICICI Lombard Employees Stock Option Scheme – 2005, and 3,071 shares under the ICICI Lombard Employees Stock Unit Scheme – 2023. The allotment was approved by a Whole-time Director at 4:01 p.m., under authority delegated by the Board on July 18, 2023. The newly issued shares will rank equally with existing equity shares in all respects.

Likely market impact

This is a routine ESOP allotment with a very small number of shares relative to the company's overall share base, so it is unlikely to have any meaningful impact on the stock price or shareholder value. It slightly increases the total share count due to dilution from employee stock schemes.