ICICI Prudential Life Insurance Company Limited has informed the Exchange regarding allotment of 97746 shares.
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ICICI Prudential Life Insurance Company has allotted 97,746 equity shares of ₹10 face value each on May 5, 2026. The shares were issued under two employee stock benefit schemes: 95,650 shares under the Employees Stock Option Scheme (2005) and 2,096 shares under the Employees Stock Unit Scheme (2023). The allotment was approved by the Managing Director & CEO using board-delegated authority from January 2019. The newly allotted shares will rank equally with existing equity shares of the company.
This is a routine corporate action involving minor share dilution of approximately 97,746 shares, issued to employees as part of compensation. The impact on the stock price is expected to be negligible given the small quantity relative to total shares outstanding.