ICICI Lombard Allots 61,961 Equity Shares Under Employee Stock Option Schemes
ICICI Lombard General Insurance Company Limited has completed the allotment of 61,961 equity shares under its employee stock option schemes, distributed between the 2005 ESOP scheme and the 2023 ESU scheme. The allotment was formally approved and communicated to stock exchanges with proper regulatory compliance.

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ICICI Lombard General Insurance Company Limited has announced the allotment of 61,961 equity shares under its employee stock option schemes on April 22, 2026. The allotment represents the company's continued commitment to employee participation through equity-based compensation programs.
Share Allotment Details
The company has allotted a total of 61,961 equity shares of ₹10.00 each across two distinct employee schemes. The distribution demonstrates the utilization of both legacy and contemporary employee stock programs within the organization.
| Scheme Details: | Number of Shares |
|---|---|
| ICICI Lombard Employees Stock Option Scheme - 2005: | 38,578 |
| ICICI Lombard - Employees Stock Unit Scheme - 2023: | 23,383 |
| Total Shares Allotted: | 61,961 |
Approval and Authorization
The allotment received approval from a Whole-time Director of the Company on April 22, 2026 at 10:13 p.m. This approval was granted pursuant to the authority delegated by the Board of Directors at its meeting held on July 18, 2023. The delegation of authority ensures efficient processing of employee stock option exercises while maintaining proper governance oversight.
Share Rights and Status
The newly allotted equity shares will rank pari-passu with the existing equity shares of the Company in all respects. This ensures that employees receiving these shares through the stock option schemes will have identical rights and privileges as other equity shareholders of the company.
Corporate Communication
The company has formally communicated this allotment to both major stock exchanges - BSE Limited and National Stock Exchange of India Limited through an official letter signed by Company Secretary Vikas Mehra. The communication was digitally signed and timestamped at 23:11:00 on April 22, 2026. The information regarding this allotment is also available on the company's official website at www.icicilombard.com , ensuring transparency and compliance with regulatory disclosure requirements.
Historical Stock Returns for ICICI Lombard General Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.09% | -6.07% | +2.90% | -10.46% | -5.74% | +28.30% |
How might this employee stock option allotment impact ICICI Lombard's talent retention strategy in the competitive insurance sector?
What could be the potential dilution effect on existing shareholders' equity given the company's ongoing ESOP programs?
Will ICICI Lombard expand its Employee Stock Unit Scheme 2023 to include more employees in the coming quarters?


































