ICICI Lombard Allots 15,571 Equity Shares Under Employee Stock Schemes
ICICI Lombard General Insurance Company has allotted 15,571 equity shares under its employee stock schemes on January 5, 2026, with the majority (14,932 shares) allocated under the 2005 ESOP scheme and 639 shares under the 2023 ESU scheme. This latest allotment, approved by a Whole-time Director, follows a previous allotment of 55,851 shares in November 2025, demonstrating the company's continued commitment to employee participation and retention strategies.
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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:
| Scheme Name: | Number of Shares Allotted |
|---|---|
| ICICI Lombard Employees Stock Option Scheme - 2005 | 14,932 |
| ICICI Lombard - Employees Stock Unit Scheme - 2023 | 639 |
| Total | 15,571 |
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 .
Historical Stock Returns for ICICI Lombard General Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.61% | -2.03% | +12.48% | -13.30% | -18.04% | +7.25% |
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