ICICI Prudential Life Insurance Notifies Shareholders of IEPF Share Transfer and Saksham Niveshak Campaign

2 min read     Updated on 12 May 2026, 12:07 PM
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ICICI Prudential Life Insurance Company Limited has issued public notices regarding the transfer of equity shares and unclaimed dividends to the IEPF Authority, with key deadlines set for August 18, 2026 and November 21, 2026. The notices were published in the Financial Express (all India edition) and Loksatta (Mumbai edition) pursuant to SEBI Listing Regulations. The company has also participated in the MCA's Second 100 Days' Campaign — Saksham Niveshak (April 1, 2026 to July 9, 2026), urging shareholders to claim unpaid dividends and update KYC details. Shareholders may contact KFin Technologies Limited or the company directly for assistance.

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ICICI Prudential Life Insurance Company Limited has published newspaper advertisements in the Financial Express (all India edition) and Loksatta (Mumbai edition) to notify shareholders about the impending transfer of equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. The disclosures were made pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to both BSE Limited and the National Stock Exchange of India Limited on May 12, 2026.

IEPF Transfer Deadlines and Regulatory Framework

The notice has been issued in compliance with Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Under these provisions, unpaid or unclaimed dividends, along with the shares in respect of which dividends have remained unclaimed for seven consecutive years or more, are liable to be transferred to the IEPF Authority.

Shareholders are advised to take note of the following key transfer dates:

Transfer Deadline :---
First Transfer Date: Tuesday, August 18, 2026
Second Transfer Date: Saturday, November 21, 2026

If dividends are not claimed by the respective deadlines, the equity shares in respect of which dividends remain unclaimed for seven consecutive years will be transferred to the IEPF Authority via corporate action through the Depositories to the demat account of the IEPF Authority established by the Central Government, without any further notice to the shareholders.

Shareholder Recourse and Claims Process

Shareholders whose shares and dividends have been transferred to the IEPF Authority are not without recourse. A separate application must be submitted to the IEPF Authority in Form IEPF-5 electronically, as prescribed by the Ministry of Corporate Affairs, available at www.mca.gov.in . The company has clarified that no claim shall lie against it in respect of unclaimed dividends or equity shares once transferred to the IEPF Authority.

The details of concerned shareholders whose unclaimed dividends and/or shares are liable for transfer have been uploaded on the company's website at www.iciciprulife.com . The statement of unpaid/unclaimed dividend is also accessible on the website under: About us > Shareholder Information > Dividends.

For queries, shareholders may contact the company's Registrar and Share Transfer Agent:

Contact Details: Information
RTA Name: KFin Technologies Limited
Address: Unit: ICICI Prudential Life Insurance Company Limited, Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500 032
RTA Email: einward.ris@kfintech.com
Company Email: investor@iciciprulife.com

Second 100 Days' Campaign — Saksham Niveshak

In addition to the IEPF transfer notice, ICICI Prudential Life Insurance has also aligned with the Ministry of Corporate Affairs' initiative. Pursuant to the MCA communication dated March 27, 2026, the IEPF Authority re-initiated the Second 100 Days' Campaign — Saksham Niveshak, running from April 1, 2026 to July 9, 2026. The campaign aims to reach out to shareholders whose dividends have remained unpaid or unclaimed and whose Know Your Customer (KYC) details — including PAN, bank account, contact information, and nomination — have not been updated.

Shareholders of ICICI Prudential Life Insurance with unpaid or unclaimed dividends, or those who have not updated their KYC details, are requested to contact the company's RTA at the address mentioned above or write to einward.ris@kfintech.com with a copy to investor@iciciprulife.com .

The notice was signed by Priya Nair, Company Secretary (ACS 17769), on behalf of ICICI Prudential Life Insurance Company Limited, from Mumbai, dated May 12, 2026.

Historical Stock Returns for ICICI Prudential Life Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.96%-0.82%-14.29%-10.18%-2.43%

How might ICICI Prudential Life Insurance's IEPF transfer volumes compare to industry peers, and what does this indicate about retail investor engagement in the life insurance sector?

Could the Saksham Niveshak campaign's July 2026 deadline trigger a surge in last-minute KYC updates, and how prepared are RTAs like KFin Technologies to handle potential volume spikes?

As unclaimed dividends and shares accumulate in the IEPF Authority's account, what long-term implications could this have for ICICI Prudential Life Insurance's shareholder base composition and voting dynamics?

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ICICI Prudential Life Insurance Reports Strong April 2026 Premium Growth

2 min read     Updated on 09 May 2026, 06:59 AM
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ICICI Prudential Life Insurance filed its April 2026 performance update under SEBI Regulation 30, reporting double-digit YoY growth across all key premium metrics. APE rose 24.1% YoY to ₹6.18 billion, NB premium grew 25.6% YoY to ₹12.96 billion, and RWRP increased 24.6% YoY to ₹4.21 billion, while full-year FY2026 NB Sum Assured expanded 21.4% YoY to ₹14,502.24 billion.

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ICICI Prudential Life Insurance has filed its performance update for April 2026 with stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The update, dated May 8, 2026, highlights strong year-on-year growth across multiple premium metrics for the month, reflecting broad-based business momentum. The company, which states it is trusted by over 20 crore Indians in 25 years, also shared its full-year FY2026 performance alongside the monthly figures.

April 2026 Premium Performance

The company delivered notable growth in April 2026, with key premium indicators recording double-digit year-on-year expansion. Annual Premium Equivalent (APE) grew 24.1% YoY to ₹6.18 billion, while Risk-Weighted Received Premium (RWRP) rose 24.6% YoY to ₹4.21 billion. New Business (NB) premium recorded the highest growth among the tracked metrics at 25.6% YoY, reaching ₹12.96 billion for the month.

The following table summarises the premium growth metrics for April 2026 and FY2026:

Metric: FY2026 YoY Growth April 2026 YoY Growth
RWRP (₹ billion): 82.06 (1.2%) 4.21 24.6%
APE (₹ billion): 106.41 2.2% 6.18 24.1%
Retail APE (₹ billion): 86.92 (0.1%) 4.60 23.0%
NB Premium (₹ billion): 248.10 9.9% 12.96 25.6%
NB Sum Assured (₹ billion): 14,502.24 21.4% 1,776.83 2.9%

Retail and New Business Highlights

Retail APE for April 2026 stood at ₹4.60 billion, registering a 23.0% YoY increase, demonstrating strong retail segment momentum during the month. New Business Sum Assured for April 2026 was ₹1,776.83 billion, reflecting a 2.9% YoY growth. For the full year FY2026, NB Sum Assured reached ₹14,502.24 billion, a significant 21.4% YoY increase, underscoring the company's sustained focus on protection business over the fiscal year.

Full-Year FY2026 Context

For the full fiscal year FY2026, APE stood at ₹106.41 billion, growing 2.2% YoY, while RWRP was ₹82.06 billion, a decline of 1.2% YoY. Retail APE for FY2026 was ₹86.92 billion, broadly flat with a marginal decline of 0.1% YoY. NB premium for FY2026 came in at ₹248.10 billion, up 9.9% YoY. The full-year figures provide context to the notably stronger performance recorded in April 2026 across all tracked metrics.

Regulatory Disclosure

The performance update was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Priya Nair, Company Secretary (ACS 17769), on behalf of ICICI Prudential Life Insurance. A copy of the update has also been hosted on the company's website.

Historical Stock Returns for ICICI Prudential Life Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.96%-0.82%-14.29%-10.18%-2.43%

Can ICICI Prudential Life Insurance sustain the strong double-digit APE and NB premium growth seen in April 2026 throughout FY2027, given the muted full-year FY2026 performance?

How might the divergence between April 2026's strong monthly metrics and the relatively flat FY2026 full-year figures influence investor sentiment and the company's stock valuation going forward?

Will the significant 21.4% YoY growth in NB Sum Assured for FY2026 translate into improved profitability margins, and how could this shift ICICI Prudential's product mix toward higher-margin protection plans?

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1 Year Returns:-10.18%