Announced Mon, 13 Apr · 17:57 IST

ICICI Prudential Asset Management Company Limited has informed the Exchange about Options to purchase securities. Based on the recommendation of the Nomination and Remuneration Committee, the Board approved Grant of upto 0.78 million stock options under ICICI Prudential Asset Management Company Limited - Employees Stock Option Scheme 2025 and Grant of upto 0.19 million stock units under ICICI Prudential Asset Management Company Limited - Employees Stock Unit Scheme 2026

Bonus Above 1to1Stock SplitCorporate Actions View source PDF

ICICIAMC · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹3353.00
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₹3380.00
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AI summary

ICICI Prudential Asset Management Company Limited announced Board meeting outcomes on April 13, 2026. The Board approved grant of up to 0.78 million stock options (Exercise price: Rs 3,385.50 per option) to Whole-time Directors, KMPs, Senior Management and eligible employees under ESOP Scheme 2025. Additionally, up to 0.19 million stock units (at face value of Rs 1 per unit) will be granted under Employee Stock Unit Scheme 2026. Options vest over 3 years in 30%-30%-40% ratio post completion of one year, with 5-year exercise period from vesting date. The company also reported strong FY2026 financials with net profit of Rs 32,982.6 million (up 24.4% YoY) and recommended final dividend of Rs 12.40 per share (total dividend including Rs 53.43 interim dividends = Rs 65.83 per share). Additionally, a 1.8:1 bonus issue was approved during FY2026.

Likely market impact

The ESOP grants will dilute shareholder equity by up to 0.97 million shares but help retain and motivate key talent. Combined with strong financial performance and shareholder-friendly corporate actions (bonus + stock split), the announcement signals management confidence in the company's growth trajectory.