ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 147639 Shares.
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ICICI Lombard General Insurance Company has allotted 147,639 equity shares of ₹10 each on June 23, 2025. Of these, 144,861 shares were issued under the ICICI Lombard Employees Stock Option Scheme - 2005, and 2,778 shares under the ICICI Lombard - Employees Stock Unit Scheme – 2023. The allotment was approved by a Whole-time Director under the authority delegated by the Board at its meeting on July 18, 2023. The newly issued shares will rank equally with existing equity shares of the company.
This is a routine ESOP allotment and is not material to the share price. It will result in a minor dilution of existing shareholders' equity given the small size relative to the company's total share base.