ICICI Prudential Life Insurance Allots 67,604 Equity Shares Under Employee Schemes
ICICI Prudential Life Insurance Company Ltd has completed the allotment of equity shares totaling 67,604 under various employee incentive schemes. The allotment was finalized on June 23, 2026, with each equity share having a face value of ₹ 10.The distribution across the two mentioned schemes includes 46,460 equity shares allotted under the ICICI Prudential Life Insurance Company Limited Employees Stock Option Scheme (2005). The remaining allotment covers 21,144 equity shares issued under the ICICI Prudential Life Insurance Company Limited Employees Stock Unit Scheme (2023).
The key details of the share allocation are summarized below:
| Scheme Name | Allotted Shares |
|---|---|
| Employees Stock Option Scheme (2005) | 46,460 |
| Employees Stock Unit Scheme (2023) | 21,144 |
| Total | 67,604 |
The allotment was approved by the Managing Director and CEO of the Company on June 23, 2026, at 01:28 p.m. IST. The newly allotted equity shares are designated to rank pari-passu with the existing equity shares of ICICI Prudential Life Insurance Company Limited.
ICICIPRULI Stock Price Movement
ICICI Prudential Life Insurance Company Limited shares today slipped by 1.41%, concluding the session at ₹499.15. The stock saw a substantial trading volume, with nearly two million shares changing hands during market activity.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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