ICICI Lombard Allots 20,957 Equity Shares Across Employee Stock Schemes
ICICI Lombard General Insurance Company Ltd has announced the allotment of a total of 20,957 equity shares, each valued at ₹10. The allotment took place on July 23, 2026, and pertains to various employee stock schemes managed by the company.The newly allotted equity shares are intended for employees under two specific schemes: the ICICI Lombard Employees Stock Option Scheme - 2005 and the ICICI Lombard Employees Stock Unit Scheme - 2023.
According to the details released by the company, the allotment breakdown is as follows:
| Scheme | Number of Shares Allotted |
|---|---|
| ICICI Lombard Employees Stock Option Scheme - 2005 | 18,160 |
| ICICI Lombard Employees Stock Unit Scheme - 2023 | 2,797 |
The company confirmed that these equity shares will rank pari-passu with all existing equity shares of the company in every respect.
ICICIGI Stock Price Movement
ICICI Lombard General Insurance Company Limited gained 2.71% in trading today, settling at a closing price of ₹1619. The stock saw a solid day of buying interest, finishing within an intraday range bounded by a low of ₹1570.4 and a high of ₹1628.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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