ICICI Lombard General Insurance Company has announced the allotment of 15,571 equity shares under its employee stock schemes on January 5, 2026. This latest corporate action, approved by a Whole-time Director at 02:59 p.m., represents a continued commitment to the company's employee compensation and retention strategy.

Latest Allotment Details

The allotment approved on January 5, 2026, includes shares distributed under two distinct employee schemes:

Key Features

The allotment was made pursuant to the authority delegated by the Board of Directors at its meeting held on July 18, 2023. Each allotted equity share carries a face value of ₹10.00 and will rank pari-passu with the existing equity shares of the company in all respects.

Regulatory Compliance

ICICI Lombard has informed the BSE and NSE about this allotment through official communication, maintaining transparency with regulatory authorities. The company's scrip codes are BSE: 540716 and NSE: ICICIGI.

Previous Allotments

This follows a previous allotment of 55,851 equity shares under similar employee stock schemes in November 2025, demonstrating the company's ongoing commitment to employee participation in ownership.

The equity share allotment under employee stock schemes underscores ICICI Lombard's strategy of aligning employee interests with those of the company and its shareholders. Such initiatives typically serve to motivate and retain talent while contributing to long-term organizational growth.

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

ICICI Lombard General Insurance has received a significant GST demand order from Rajasthan tax authorities, totaling ₹2.71 crores for the financial year 2021-22. The company disclosed this development on December 26, 2025, in compliance with regulatory requirements under SEBI listing obligations.

GST Demand Details

The Deputy Commissioner of State Tax, Business Audit Wing-III-A Rajasthan, Jaipur issued the order under Section 73 of the Central Goods and Services Tax Act, 2017 and Rajasthan Goods and Services Tax Act, 2017. The total financial impact breaks down as follows:

Grounds for GST Demand

The tax authorities have imposed the demand primarily on two specific grounds. First, the order questions the computation of input tax credit eligible to the company during FY2021-22. Second, it alleges undischarged tax liability due to differences in methodology of reporting debit and credit notes between GSTR-1 and GSTR-9 filed by ICICI Lombard General Insurance.

Company's Response Strategy

ICICI Lombard General Insurance has indicated it will contest the order through multiple legal avenues. The company plans to pursue an appeal against the GST demand order and evaluate other legal options, including the possibility of filing a writ petition. The insurer has stated that there is no immediate financial impact at this stage, suggesting confidence in its position.

Regulatory Compliance

The company received the order on December 26, 2025, at 1:31 PM and promptly disclosed the information to stock exchanges in compliance with Regulation 30 of SEBI listing requirements. Company Secretary Vikas Mehra signed the disclosure, confirming that all information provided is accurate and complete to the best of the company's knowledge.

Current Status

The GST demand pertains specifically to FY2021-22 operations and represents a regulatory challenge that ICICI Lombard General Insurance will address through appropriate legal channels. The company has made the disclosure information available on its official website at www.icicilombard.com , ensuring transparency with stakeholders and investors.