ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 15571 Shares.
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ICICI Lombard General Insurance Company has allotted 15,571 equity shares of face value ₹10 each on January 5, 2026. Out of these, 14,932 shares were allotted under the ICICI Lombard Employees Stock Option Scheme - 2005, and 639 shares under the ICICI Lombard Employees Stock Unit Scheme - 2023. The allotment was approved by a Whole-time Director pursuant to the Board's delegated authority from July 18, 2023. The newly issued shares will rank equally with existing equity shares in all respects. The company has requested BSE and NSE to take the allotment on record.
This is a routine ESOP allotment with a very small number of shares (15,571) relative to the company's total share base, meaning negligible dilution for existing shareholders. The impact on stock price is immaterial.