ICICI Lombard General Insurance Company Ltd Allots 8,186 Equity Shares Across Employee Schemes
ICICI Lombard General Insurance Company Ltd has completed the allotment of a total of 8,186 equity shares, each valued at ₹ 10. The allotment was carried out on July 14, 2026, covering two separate employee incentive schemes.The new equity shares will rank pari-passu with all existing equity shares of the Company in every aspect.
Details regarding the allocation across the various schemes are as follows:
| Scheme Name | Shares Allotted |
|---|---|
| ICICI Lombard Employees Stock Option Scheme - 2005 | 4,800 |
| ICICI Lombard Employees Stock Unit Scheme - 2023 | 3,386 |
The allotment was made on July 14, 2026, and had been approved by a Whole-time Director of the Company. The action followed the authority delegated by the Board of Directors at its meeting held on July 18, 2023.
ICICIGI Stock Price Movement
Today, ICICI Lombard General Insurance Company Limited shares edged higher to settle at ₹1788.1 after the stock gained 0.71%. The company's equity was transacted across a total of 1.08 million shares during the trading session.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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