ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 35582 Shares.
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ICICI Lombard General Insurance Company has allotted 35,582 equity shares of ₹10 each on May 6, 2025 under two employee benefit schemes — 27,821 shares under the ICICI Lombard Employees Stock Option Scheme 2005, and 7,761 shares under the 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.
This is a routine ESOP allotment with negligible dilution impact given the small number of shares relative to the company's overall share base. No material effect expected on share price or shareholder value.