ICICI Lombard General Insurance Company Ltd. Allots Equity Shares
ICICI Lombard General Insurance Company Ltd. announced the allotment of 132,558 equity shares on March 26, 2026. The allotment occurred under two employee benefit schemes.A total of 131,958 equity shares were allocated under the ICICI Lombard Employees Stock Option Scheme-2005, while 600 equity shares were allocated under the ICICI Lombard - Employees Stock Unit Scheme-2023.
The Stakeholders Relationship Committee approved the allocation of 12,590 equity shares to a Whole-time Director. An additional 119,968 equity shares were allocated to other eligible option/unit holders, with approval delegated by the Board of Directors to the Whole-time Director.
The allotment of the total 132,558 equity shares, each with a face value of ₹ 10, was finalized at 05:41 p.m. on March 26, 2026. These shares will rank pari-passu with the company's existing equity shares. Further details are available on the company's website at https://www.icicilombard.com.
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