ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 216423 Shares.
ICICIGI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICICI Lombard General Insurance Company has allotted a total of 216,423 equity shares of ₹10 each on May 13, 2026. The shares were issued under two employee stock schemes: the ICICI Lombard Employees Stock Option Scheme-2005 (165,947 shares) and the ICICI Lombard Employees Stock Unit Scheme-2023 (50,476 shares). The Stakeholders Relationship Committee approved allotment of 35,550 shares to the Whole-time Director, while the remaining 180,873 shares were approved by the Whole-time Director for other eligible employees. The new shares will rank pari-passu with existing equity shares.
This is a routine employee stock compensation exercise resulting in minor dilution of existing shareholders' stake. The allotment has no immediate impact on the stock price but increases the total share capital.