ICICI Prudential Life Insurance Company Limited has informed the Exchange regarding allotment of 56510 shares.
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ICICI Prudential Life Insurance Company has allotted 56,510 equity shares of face value ₹10 each on March 17, 2026. Of these, 51,360 shares were issued under the ICICI Prudential Life Insurance Employees Stock Option Scheme (2005) and 5,150 shares under the Employees Stock Unit Scheme (2023). The allotment was approved by the Managing Director & CEO at 11:37 a.m. IST, exercising authority delegated by the Board in January 2019. The newly issued shares will rank pari-passu with existing equity shares of the company.
This is a routine ESOP allotment with a small dilution (56,510 shares), unlikely to materially affect share price or shareholder value. Existing shareholders may see a very minor dilution in their holdings.