ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 25074 Shares.
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ICICI Lombard has allotted 25,074 equity shares of ₹10 each on September 23, 2025, under its employee stock benefit schemes. Of these, 24,306 shares were issued under the ICICI Lombard Employees Stock Option Scheme 2005, and 768 shares under the Employees Stock Unit Scheme 2023. The allotment was approved by a Whole-time Director under the authority delegated by the Board on July 18, 2023. The new shares will rank equally with existing equity shares. The size of this allotment is very small compared to the company's overall share base.
This is a routine ESOP allotment with negligible dilution effect for existing shareholders. No material impact on stock price or shareholder value is expected.