ICICI Prudential Life Insurance Company Limited has informed the Exchange regarding allotment of 124912 shares.
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ICICI Prudential Life Insurance Company has allotted 124,912 equity shares of face value ₹10 each on February 24, 2026, under its Employees Stock Option Scheme (2005) and Employees Stock Unit Scheme (2023). Of these, 121,072 shares were allotted under the 2005 ESOP scheme and 3,840 under the 2023 ESUS scheme. The allotment was approved by the MD & CEO at 11:51 a.m. IST under the Board's delegated authority from its January 22, 2019 meeting. The new shares will rank equally with existing equity shares of the company.
This is a routine ESOP allotment and is mildly dilutive for existing shareholders, though the small size relative to the company's total share base limits any material impact on the stock price.