ICICI Lombard Allots 55,851 Equity Shares Under Employee Stock Schemes

1 min read     Updated on 13 Nov 2025, 11:17 AM
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Overview

ICICI Lombard General Insurance Company has approved the allotment of 55,851 equity shares under its employee stock schemes. The allotment, approved on November 24, 2025, includes 53,391 shares under the ICICI Lombard Employees Stock Option Scheme - 2005 and 2,460 shares under the ICICI Lombard - Employees Stock Unit Scheme - 2023. Each share has a face value of ₹10 and will rank pari-passu with existing equity shares.

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ICICI Lombard General Insurance Company has announced the allotment of 55,851 equity shares under its employee stock schemes. This corporate action, approved on November 24, 2025, represents a strategic move in the company's employee compensation and retention strategy.

Allotment Details

The allotment, approved by a Whole-time Director on November 24, 2025, includes shares distributed under two distinct schemes:

Scheme Name Number of Shares Allotted
ICICI Lombard Employees Stock Option Scheme - 2005 53,391
ICICI Lombard - Employees Stock Unit Scheme - 2023 2,460
Total 55,851

Key Points

  • Share Details: Each allotted equity share has a face value of ₹10.
  • Parity: The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects.
  • Authorization: The allotment was made under the authority delegated by the Board of Directors.

Regulatory Compliance

ICICI Lombard is expected to inform the relevant stock exchanges about this allotment, adhering to regulatory disclosure requirements.

This equity share allotment under employee stock schemes underscores ICICI Lombard's commitment to aligning employee interests with those of the company and its shareholders. Such initiatives often serve to motivate and retain talent, potentially contributing to the long-term growth and success of the organization.

Investors and stakeholders can find more information about this allotment on the company's official website at https://www.icicilombard.com .

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-1.83%-4.39%-2.09%-0.48%+33.57%
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ICICI Lombard Launches Initiative to Reunite Policyholders with Unclaimed Insurance Amounts

1 min read     Updated on 05 Nov 2025, 11:38 AM
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Reviewed by
Suketu GScanX News Team
Overview

ICICI Lombard General Insurance Company has initiated a comprehensive customer outreach program to assist policyholders and beneficiaries in claiming unclaimed insurance amounts. The company has identified numerous unclaimed policy proceeds, claims, premium pay-ins, and refunds. To facilitate the process, ICICI Lombard has provided multiple channels for checking and claiming pending amounts, including a toll-free number, email support, branch visits, and an online portal. The company attributes unclaimed amounts primarily to outdated contact information and communication gaps. This initiative is part of ICICI Lombard's commitment to enhancing customer experience and maintaining transparency in insurance transactions.

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*this image is generated using AI for illustrative purposes only.

ICICI Lombard General Insurance Company , a leading player in India's insurance sector, has rolled out a comprehensive customer outreach program aimed at helping policyholders and beneficiaries claim their unclaimed insurance amounts. This initiative comes as a response to the company's identification of numerous unclaimed policy proceeds, claims, premium pay-ins, and refunds.

Simplified Claim Process

ICICI Lombard has streamlined the claim process, offering multiple convenient channels for policyholders and beneficiaries to check and claim their pending amounts. These options include:

Contact Method Details
Toll-free Number 1800 2666
Email Support customersupport@icicilombard.com
Branch Visit Any ICICI Lombard branch
Online Portal https://ilhc.icicilombard.com/Home/UnclaimedAmount

Reasons for Unclaimed Amounts

According to ICICI Lombard, the primary reasons for these unclaimed amounts include:

  • Outdated contact information
  • Communication gaps between the company and policyholders

Company's Commitment

A spokesperson for ICICI Lombard stated, "We are committed to ensuring that our policyholders and beneficiaries receive every benefit they are entitled to under their insurance policies." This initiative reflects the company's dedication to customer service excellence and maintaining transparent relationships with policyholders.

Broader Implications

This outreach program is part of ICICI Lombard's larger commitment to enhancing customer experience and ensuring transparency in insurance transactions. By actively reconnecting with policyholders, the company aims to bridge communication gaps and improve service delivery.

ICICI Lombard encourages all current and former policyholders, as well as their beneficiaries, to check if they have any unclaimed amounts and take advantage of this initiative to claim what rightfully belongs to them.

As the insurance industry continues to evolve, such customer-centric initiatives may set new standards for transparency and service in the sector. It remains to be seen how other insurance providers will respond to this proactive approach by ICICI Lombard.

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%-1.83%-4.39%-2.09%-0.48%+33.57%
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