The Company has allotted 63,019 equity shares under the Employees Stock Option Scheme (2005) and the Employees Stock Unit Scheme (2023).
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ICICI Prudential Life Insurance allotted 63,019 equity shares of ₹10 face value each on May 26, 2026. Of these, 24,160 shares were allotted under the Employees Stock Option Scheme (2005) and 38,859 shares under the Employees Stock Unit Scheme (2023). The allotment was approved by the Managing Director & CEO under board-delegated authority from January 2019. The newly alloted shares will rank pari-passu with existing equity shares, meaning they carry equal rights and privileges as existing shareholders.
This is a routine share issuance to employees under ESOP/ESUS schemes and has no direct impact on the stock price or shareholder equity, as the shares rank equally with existing shares.