ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 198153 Shares.
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ICICI Lombard General Insurance Company has allotted 198,153 equity shares of ₹10 each on August 4, 2025, under two employee benefit schemes. Of these, 193,876 shares were issued under the ICICI Lombard Employees Stock Option Scheme 2005, and 4,277 shares under the ICICI Lombard Employees Stock Unit Scheme 2023. The allotment was approved by a Whole-time Director under authority delegated by the Board on July 18, 2023. The new shares will rank equally with existing equity shares in all respects.
This is a routine ESOP allotment that causes minor dilution, but the size is negligible relative to the company's overall share base and is unlikely to materially affect stock price. Neutral event for existing shareholders.