ICICI Prudential Life Insurance Allots 56,510 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 56,510 equity shares with face value of ₹ 10 each on March 17, 2026, under two employee stock schemes. The allotment included 51,360 shares under the 2005 ESOP scheme and 5,150 shares under the 2023 stock unit scheme. The shares were approved by the MD & CEO under Board-delegated authority and will rank pari-passu with existing equity shares.

*this image is generated using AI for illustrative purposes only.
ICICI Prudential Life Insurance Company Limited has completed the allotment of 56,510 equity shares under its employee stock option schemes on March 17, 2026. The shares carry a face value of ₹ 10 each and were distributed across two distinct employee benefit schemes.
Share Allotment Details
The equity share allotment was executed under two separate employee stock schemes operated by the company:
| Scheme | Shares Allotted |
|---|---|
| ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) | 51,360 |
| ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023) | 5,150 |
| Total Shares Allotted | 56,510 |
Approval and Authorization
The allotment received approval from the Managing Director & CEO of the company on March 17, 2026, at 11:37 a.m. IST. This approval was granted pursuant to the authority delegated by the Board of Directors during their meeting held on January 22, 2019.
Share Characteristics
The newly allotted equity shares will rank pari-passu with the existing equity shares of ICICI Prudential Life Insurance Company Limited. This means the new shares will carry identical rights and privileges as the company's existing equity shares, including voting rights and dividend entitlements.
Corporate Communication
The company has formally communicated this allotment to both major stock exchanges - BSE Limited and the National Stock Exchange of India Limited. The intimation was signed by Company Secretary Priya Nair (ACS 17769) and is also accessible on the company's official website at www.iciciprulife.com .
This share allotment represents the company's ongoing commitment to its employee stock option programs, providing equity participation opportunities to its workforce through established ESOP frameworks dating back to 2005 and the more recent 2023 scheme.
Historical Stock Returns for ICICI Prudential Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.18% | -7.95% | -19.07% | -10.54% | -9.94% | +23.29% |


































