ICICI Lombard Allots 15,571 Equity Shares Under Employee Stock Schemes

1 min read     Updated on 13 Nov 2025, 11:17 AM
scanx
Reviewed by
Riya DScanX News Team
Overview

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.

24558452

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

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 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-3.11%-3.31%-6.91%+1.98%+18.13%
ICICI Lombard General Insurance
View in Depthredirect
like19
dislike

ICICI Lombard Launches Initiative to Reunite Policyholders with Unclaimed Insurance Amounts

1 min read     Updated on 05 Nov 2025, 11:38 AM
scanx
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.

23868492

*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
-0.63%-3.11%-3.31%-6.91%+1.98%+18.13%
ICICI Lombard General Insurance
View in Depthredirect
like15
dislike
More News on ICICI Lombard General Insurance
Explore Other Articles
1,896.10
-12.10
(-0.63%)