ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 35031 Shares.
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ICICI Lombard General Insurance Company has allotted 35,031 equity shares of ₹10 each on July 16, 2025, under two employee benefit schemes. Out of these, 33,751 shares were issued under the ICICI Lombard Employees Stock Option Scheme 2005, and 1,280 shares under the ICICI Lombard Employees Stock Unit Scheme 2023. The allotment was approved by a Whole-time Director based on prior Board delegation from July 18, 2023. The newly issued shares will rank equally with existing equity shares in all respects.
This is a routine ESOP allotment with a very small number of shares relative to the company's total share base, so it is unlikely to have any meaningful effect on the stock price or shareholder value. It reflects normal exercise of employee stock benefits.