Announced Wed, 6 May · 12:19 IST

ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 103173 Shares.

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ICICIGI · price

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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹1775.00
prior close
₹1802.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1+0.3+0.6+4.1+2.5+2.7+0.8+1.4+3.2+4.2-2.1+0.7
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AI summary

ICICI Lombard has allotted a total of 103,173 equity shares of ₹10 each on May 6, 2026. The allotment was made under two employee stock compensation schemes: 75,627 shares under the ICICI Lombard Employees Stock Option Scheme - 2005 and 27,546 shares under the ICICI Lombard Employees Stock Unit Scheme - 2023. The shares were approved by a Whole-time Director pursuant to authority delegated by the Board on July 18, 2023. The newly allotted shares will rank pari-passu with existing equity shares.

Likely market impact

This is a routine employee stock compensation allotment with minimal direct impact on the stock price. The dilution from 103,173 shares is negligible relative to the total equity base.