ICICI Lombard General Insurance Company Limited has informed the Exchange that Board of Directors at its meeting held on April 15, 2025, recommended Final Dividend of Rs. 7 per equity share.
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On the reaction day the stock moved 1.8 pts less than Nifty Midcap 150 and 2.9 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of ICICI Lombard General Insurance Company met on April 15, 2025, and recommended a final dividend of Rs. 7 per equity share for its shareholders. This final dividend is subject to shareholder approval at the upcoming Annual General Meeting. ICICI Lombard is one of India's leading general insurance companies, and this payout reflects its ongoing profitability and commitment to returning value to shareholders.
Shareholders holding ICICI Lombard shares as of the record date (to be announced) will receive Rs. 7 per share. The dividend signals continued financial health of the company and provides a modest income to investors, though the stock may see mild short-term price adjustment on the ex-dividend date.