Announced Tue, 7 Jul · 14:35 IST

ICICI Prudential Life allots 11,360 shares under ESOP schemes

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ICICIPRULI · price

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹484.40
prior close
₹488.35
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AI summary

ICICI Prudential Life Insurance Company allotted 11,360 equity shares of face value 10 rupees each on July 7, 2026 under two employee schemes: 500 shares under the 2005 ESOP Scheme and 10,860 shares under the 2023 Employees Stock Unit Scheme. The allotment was approved by the MD and CEO and the new shares will rank equally with existing equity shares. This is a routine ESOP allotment to employees.

Likely market impact

Minor dilution from a small ESOP allotment; no material impact expected on the stock.