ICICI Lombard files ESG Report for FY2026

1 min read     Updated on 28 May 2026, 10:00 AM
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ICICI Lombard filed its ESG Report for FY2026, reporting a Gross Direct Premium of ₹287.12 billion and 41.2% renewable electricity usage.

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ICICI Lombard General Insurance Company Limited has filed its Environmental, Social and Governance (ESG) Report for FY2026 with the stock exchanges. The filing, submitted to BSE Limited and National Stock Exchange of India Limited, outlines the company's environmental, social and governance performance for the financial year ended March 31, 2026. The report highlights the insurer's commitment to sustainable underwriting, responsible investment, and operational efficiency as it marks 25 years of operations.

The report discloses that the Gross Direct Premium stood at ₹287.12 billion, up from ₹268.33 billion in FY2025. In terms of environmental impact, the company stated that 41.2% of its electricity requirements were consumed from renewable sources in FY2026, compared to 38.0% in the previous year. Additionally, 99.6% of policies were issued digitally during the year to minimize paper usage. The company also reported a solvency ratio of 2.67x and a Return on Average Equity of 17.8% for the year.

On the social front, the company reported a total workforce of 16,447 employees, with female representation increasing to 27.6% in FY2026. The report also noted that 31.2% of new agents onboarded were women. The company’s Corporate Social Responsibility (CSR) initiatives supported over 1.0 million underserved individuals, with a total CSR spend of ₹516.7 million for the year.

Key Financial and Operational Metrics

Metric FY2026 FY2025
Gross Direct Premium ₹ 287.12 billion ₹ 268.33 billion
Renewable Electricity Usage 41.2% 38.0%
Female Workforce Representation 27.6% 26.0%
Policies Issued Digitally 99.6% Not Available

Governance and Assurance

The ESG Report has received independent reasonable assurance for BRSR Core Attributes from PKF Sridhar & Santhanam LLP. The Corporate Social Responsibility & Sustainability Committee, chaired by Preeti Reddy, oversees the company's ESG strategy and sustainability disclosures. The report also confirms that the company adhered to all relevant environmental laws and regulations during the financial year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE765G01017/9c78fd0508fd490b.pdf

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.71%+6.17%+0.21%-5.55%-4.05%+21.94%

How does ICICI Lombard plan to further increase its renewable energy usage beyond the current 41.2%?

What specific targets has the company set to improve female workforce representation beyond the 27.6% achieved in FY2026?

How will the insurer integrate sustainable underwriting criteria into its core business strategy over the next five years?

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ICICI Lombard fixes May 29 record date for ₹7 dividend

2 min read     Updated on 28 May 2026, 07:24 AM
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ICICI Lombard General Insurance Company Limited has fixed May 29, 2026 as the record date for a final dividend of ₹7.0 per share for FY26, pending approval at the AGM on June 19, 2026. The meeting will be held via video conferencing, with remote e-voting open from June 16 to June 18. Dividends will be paid electronically by July 3, 2026, subject to TDS, and physical shareholders must complete KYC to receive payouts.

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ICICI Lombard General Insurance Company Limited has fixed Friday, May 29, 2026 as the record date to determine shareholder eligibility for a final dividend of ₹7.0 per equity share for the financial year ended March 31, 2026. The payout, recommended by the Board of Directors, is subject to approval by members at the Twenty-Sixth Annual General Meeting (AGM) scheduled for June 19, 2026. If approved, the dividend will be paid electronically on or before Friday, July 3, 2026, subject to tax deduction at source.

The AGM will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM) on Friday, June 19, 2026, at 3:00 p.m. IST, without physical presence at a common venue. The company has dispatched the notice of the AGM and the Integrated Annual Report for FY2026 to members whose email addresses were registered with the depositories or the registrar, KFintech Technologies Limited, as of Friday, May 15, 2026. Physical copies will be sent to members who request them.

E-Voting Schedule and Procedures

Shareholders whose names appear in the Register of Members or Beneficial Owners as of the cut-off date, Friday, June 12, 2026, are entitled to vote. The remote e-voting period commences on Tuesday, June 16, 2026, at 9:00 a.m. IST and concludes on Thursday, June 18, 2026, at 5:00 p.m. IST. E-voting facilities will also be available during the AGM for those who have not cast their votes remotely.

Dholakia & Associates LLP, Practicing Company Secretaries, has been appointed as the Scrutinizer for the e-voting process. The results of the voting will be declared within two working days from the conclusion of the AGM and will be hosted on the company’s website and the National Securities Depository Limited (NSDL) portal.

Key AGM Dates

Event Date
Record Date for Dividend May 29, 2026
AGM Date June 19, 2026
Cut-off Date for Voting June 12, 2026
Remote E-Voting Start June 16, 2026
Remote E-Voting End June 18, 2026
Dividend Payment Date On or before July 3, 2026

Tax and Compliance Details

Dividends will be taxable in the hands of members under the Income-tax Act, 2025, and the company will deduct tax at source (TDS) at applicable rates. Members are requested to submit necessary documents by Tuesday, June 2, 2026, to determine the correct TDS rate. Additionally, members holding shares in physical form must complete mandatory KYC formalities by submitting Form ISR-1 to KFintech Technologies Limited to receive dividends electronically.

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+2.71%+6.17%+0.21%-5.55%-4.05%+21.94%

How will the ₹7.0 per share dividend payout impact ICICI Lombard's capital reserves and underwriting capacity for FY2027?

What strategic growth initiatives or capital allocation plans does management intend to prioritize during the upcoming AGM?

How might the new Income-tax Act, 2025 provisions influence shareholder sentiment and long-term investment strategies in the insurance sector?

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