ICICI Lombard General Insurance Allots 61,961 Equity Shares Through Employee Schemes
ICICI Lombard General Insurance Company Ltd announced the allotment of equity shares totaling 61,961 shares on April 22, 2026. The newly allotted shares, each carrying a face value of ₹ 10, were distributed under two different employee incentive schemes.The total allotment of equity shares was managed through the ICICI Lombard Employees Stock Option Scheme - 2005 and the ICICI Lombard - Employees Stock Unit Scheme - 2023.
The distribution details are as follows:
| Scheme | Number of Equity Shares Allotted |
|---|---|
| ICICI Lombard Employees Stock Option Scheme - 2005 | 38,578 |
| ICICI Lombard - Employees Stock Unit Scheme - 2023 | 23,383 |
| Total | 61,961 |
The newly allotted equity shares are stated to rank pari-passu with all existing equity shares of the Company in every respect.
ICICIGI Stock Price Movement
On Wednesday, ICICI Lombard General Insurance Company Limited shares slipped by 0.60% to close at ₹1829. The equity traded on a volume of 823,430 shares, marking a clear decline from the prior day's closing level of ₹1840.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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