ICICI Prudential Asset Management Company Limited has informed the Exchange regarding Notice of Postal Ballot
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ICICI Prudential AMC has issued a Postal Ballot Notice for shareholder approval on four items via remote e-voting from March 6, 2026 to April 4, 2026. Item 1 seeks re-appointment of Mr. Antony Jacob as Independent Director for a second 5-year term from June 1, 2026 (Special Resolution). Item 2 seeks re-appointment of Mr. Sankaran Naren as Executive Director and CIO for two years from July 1, 2026 to June 30, 2028 (Ordinary Resolution). Item 3 seeks ratification and amendment of the ESOS 2025 scheme, reducing the option pool by 6,50,000 options from 93,90,912 to 87,40,912 (Special Resolution). Item 4 seeks approval for a new Employees Stock Unit Scheme 2026 with a pool of 6,50,000 units, funded by the options transferred from ESOS 2025. The cut-off date for eligibility is February 27, 2026, and results will be announced on or before April 7, 2026.
Routine board continuity items are largely procedural, but the ESOS/Unit Scheme changes effectively shift 6.5 lakh options from one employee incentive pool to another without increasing the total dilution cap, so net shareholder dilution stays at 87,40,912 shares. Approval of the resolutions will solidify leadership continuity and employee incentive plans; rejection is unlikely for promoter-aligned companies but investors should watch the Stock Unit Scheme terms for any future dilution impact.