Announced Sun, 12 Jul · 21:53 IST
ICICI Lombard independent director Ved Prakash Chaturvedi ceases after second term ends
Management Changes View source PDF
ICICIGI · price
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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹1825.00
prior close
₹1806.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.9-2.3-2.8-2.6-0.5-11.3-11.7-11.5-12.8————
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AI summary
Mr. Ved Prakash Chaturvedi, Non-executive Independent Director of ICICI Lombard, completed his planned second five-year term and ceased to be a director with effect from the end of the day on July 12, 2026. He was reappointed in April 2021 for a term running July 13, 2021 to July 12, 2026. The Board recorded appreciation for his contributions during his tenure. This is a routine scheduled end of term, not a mid-term resignation.
Likely market impact
Routine scheduled end of tenure, no governance red flag. Investors may watch for a new independent director to be appointed to the Board soon.