ICICI Prudential Life Insurance Company Limited has scheduled a meeting with investors and analysts in Singapore on June 9, 2026, as part of the Kotak India Corporate Day. The event provides a platform for the insurer to engage with stakeholders, though no unpublished price sensitive information will be disclosed during the proceedings.

The meeting is organized by Kotak Securities Limited and is classified as an Investor Group meeting. It is set to take place in person, commencing at 6:30 a.m. IST. The company noted that the schedule remains subject to change due to exigencies on the part of investors or the company.

Meeting Details

The disclosure was made to the stock exchanges in compliance with Regulation 30 and Regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Priya Nair, Company Secretary and ACS 17769.

ICICI Prudential Life Insurance Company Limited has recommended a final dividend of ₹1.65 per equity share of ₹10 each for the financial year ended March 31, 2026. The dividend is subject to the approval of shareholders at the Annual General Meeting scheduled for June 30, 2026. Shareholders holding equity shares as on the record date of June 5, 2026, will be eligible to receive the payout.

The Board of Directors approved the recommendation at its meeting on April 14, 2026. The company has communicated the tax deduction implications to shareholders, noting that dividend income is taxable in the hands of shareholders under the Income-tax Act, 2025. Consequently, the company will deduct tax at source (TDS) at the time of payment or distribution based on the shareholder's residential status and category.

For resident individual shareholders, the company will deduct tax at 10% on dividend income. If the Permanent Account Number (PAN) is not available, the deduction rate increases to 20%. No tax will be deducted if the aggregate dividend distributed to a shareholder during a tax year does not exceed ₹10,000. Shareholders may submit Form No. 121 to avoid TDS if eligibility conditions are met.

Resident non-individual shareholders, such as insurance companies, mutual funds, and Alternative Investment Funds (AIFs), can avail of nil or lower tax deduction by submitting specific documents, including self-attested copies of registration certificates and self-declarations. Non-resident shareholders, including Foreign Institutional Investors (FIIs), face a standard TDS rate of 20% plus applicable surcharge and cess, unless they opt for benefits under the Double Tax Avoidance Agreement (DTAA) by providing a Tax Residency Certificate and other prescribed forms.

The company has also initiated a "100-Days' Campaign - Saksham Niveshak" from April 1, 2026, to July 9, 2026, urging shareholders to update KYC and bank details. Following a SEBI amendment dated November 18, 2025, all future dividends must be paid through electronic mode only. Shareholders must update their records with depositories or the Registrar and Share Transfer Agent, KFin Technologies Limited, before the record date to ensure seamless credit.

Shareholders must submit all applicable documents via the KFin Technologies portal or email by June 5, 2026. Failure to provide necessary details may result in tax deduction at higher rates, though shareholders can claim credit for excess tax deducted while filing returns.