ICICI Lombard General Insurance Approves FY26 Results, Recommends Dividend, and Key Appointments

ICICI Lombard General Insurance Approves FY26 Results, Recommends Dividend, and Key Appointments​

ICICI Lombard General Insurance Company Ltd announced that its Board of Directors, at a meeting held on April 15, 2026, approved the Audited Financial Statements and Audited Financial Results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend and approved significant updates regarding statutory auditors, director appointments, and employee stock incentives.

The company confirmed that the joint statutory auditors, PKF Sridhar & Santhanam LLP and Walker Chandiok & Co. LLP, have issued an audit report with an unmodified opinion on the financial results.

Financial Highlights and Dividend Recommendation​

For the financial year ended March 31, 2026, the Board recommended a final dividend of ₹ 7.00 per equity share. This dividend represents 70% of the face value of ₹ 10 per share, pending approval by the company's Members at the ensuing Annual General Meeting (AGM).

The financial results for the quarter and year ended March 31, 2026, show key operating figures for the insurance business:

Corporate Governance Updates​

The Board made several key decisions regarding corporate governance:

Joint Statutory Auditors:
The company approved the appointment of M/s. B S R & Co. LLP, Chartered Accountants, as one of the Joint Statutory Auditors for a period of four consecutive years. This tenure will run from the conclusion of the Twenty-Sixth AGM until the conclusion of the Thirtieth AGM, subject to Member approval. PKF Sridhar & Santhanam LLP is scheduled to complete its second term at the ensuing AGM.

Independent Director Appointment:
Mr. Shyam Srinivasan (DIN: 02274773) was approved for appointment as an Additional Director in the category of 'Non-executive, Independent Director'. His tenure spans five consecutive years, effective from April 15, 2026, to April 14, 2031, pending approval from the Members of the Company.

Employee Benefits:
The Board also approved the granting of employee incentives:

• Up to 1.7 million stock options under the ICICI Lombard-Employees Stock Options Scheme-2005.
• Up to 1.05 million stock units under the ICICI Lombard-Employees Stock Unit Scheme-2023.

Financial Statements Summary​

The company released detailed financial statements, including the Balance Sheet, Cash Flow Statement, and segmental results, for the periods ending March 31, 2026, and March 31, 2025.

Balance Sheet Comparison (Total)​

Cash Flow From Operating Activities (Net)​

The net cash flow from operating activities stood at 262,197 for the year ended March 31, 2026, compared to 114,731 for the previous year.

Balance Sheet Summary of Shareholders' Funds​

ICICIGI Stock Price Movement​

Today, ICICI Lombard General Insurance Company Limited shares edged higher in post-market trading, settling at ₹1858, representing a robust gain of 4.59%. The equity demonstrated strong buying interest, reporting a total traded volume of 1.4 million shares during the session.

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