ICICI Lombard General Insurance Company Limited has announced the allotment of 38,044 equity shares under its employee stock option schemes on February 3, 2026. The shares, valued at ₹10 each, were distributed across two distinct employee benefit programs as part of the company's ongoing commitment to employee participation in equity ownership.

Share Allocation Details

The allotment was structured across two employee stock schemes operated by the insurance company. The distribution demonstrates the company's multi-tiered approach to employee equity participation through both legacy and contemporary programs.

Approval and Authorization

The share allotment received formal approval from a Whole-time Director of the company at 02:15 p.m. on February 3, 2026. This approval was granted under the authority previously delegated by the Board of Directors during their meeting held on July 18, 2023. The structured approval process reflects the company's adherence to corporate governance protocols for equity-related decisions.

Share Characteristics and Rights

The newly allotted equity shares carry full rights and privileges equivalent to existing equity shares of the company. These shares will rank pari-passu with the existing equity shares in all respects, ensuring equal treatment for all shareholders regardless of the method of share acquisition. Each share carries a face value of ₹10, maintaining consistency with the company's existing equity structure.

Corporate Communication

The company has fulfilled its regulatory obligations by formally notifying both BSE Limited and National Stock Exchange of India Limited about the share allotment. The information regarding this allotment has been made available on the company's official website at www.icicilombard.com , ensuring transparency and accessibility for stakeholders and investors.

ICICI Lombard General Insurance Company Ltd. recorded a substantial block trade on the National Stock Exchange (NSE), highlighting significant institutional trading activity in the insurance sector.

Block Trade Details

The transaction involved a considerable volume of shares with specific pricing parameters that reflect current market conditions.

Market Significance

Block trades typically represent institutional investor transactions or bulk deal arrangements executed outside regular trading hours. These transactions often indicate strategic positioning by large investors, mutual funds, or institutional entities. The execution price of Rs. 1854.00 per share provides insight into the current valuation metrics for ICICI Lombard General Insurance shares.

Transaction Overview

The block trade mechanism allows for large volume transactions without significantly impacting the stock's market price during regular trading hours. Such transactions are particularly common among institutional investors who need to execute substantial positions while minimizing market disruption. The involvement of approximately 100,073 shares in this transaction demonstrates the scale of institutional interest in the insurance company's equity.