Announced Mon, 25 May · 23:15 IST
ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 85803 Shares.
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ICICIGI · price
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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹1859.50
prior close
₹1862.00
base price
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AI summary
ICICI Lombard has allotted 85,803 equity shares of ₹10 each on May 25, 2026. The shares were issued under two employee stock option schemes: 59,944 shares under the 2005 ESOS and 25,859 shares under the 2023 Employees Stock Unit Scheme. The allotment was approved by a Whole-time Director under authority delegated by the Board in July 2023. The new shares will rank equally with existing equity shares.
Likely market impact
This is a routine share issuance under employee stock option schemes and has minimal direct impact on the stock price. The dilution from 85,803 shares is negligible relative to the company's total outstanding shares.