ICICI Lombard Allots 47,109 Equity Shares Under Employee Stock Option Schemes

1 min read     Updated on 23 Feb 2026, 10:46 PM
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Overview

ICICI Lombard General Insurance Company Limited allotted 47,109 equity shares of ₹10 each on February 23, 2026, under employee stock option schemes. The allotment included 44,038 shares under the 2005 scheme and 3,071 shares under the 2023 scheme, approved by a Whole-time Director pursuant to Board authorization from July 18, 2023. The new shares rank pari-passu with existing equity shares.

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ICICI Lombard General Insurance Company Limited has announced the allotment of 47,109 equity shares under its employee stock option schemes on February 23, 2026. The allotment represents the company's continued commitment to employee participation through equity-based compensation programs.

Share Allotment Details

The company allotted a total of 47,109 equity shares of ₹10 each across two distinct employee stock schemes. The allotment was structured to provide equity participation opportunities to employees under established compensation frameworks.

Scheme Details: Number of Shares
ICICI Lombard Employees Stock Option Scheme – 2005: 44,038
ICICI Lombard - Employees Stock Unit Scheme – 2023: 3,071
Total Shares Allotted: 47,109
Face Value per Share: ₹10

Approval Process and Authorization

The share allotment received approval from a Whole-time Director of the company at 4:01 p.m. on February 23, 2026. This approval was granted pursuant to the authority delegated by the Board of Directors at its meeting held on July 18, 2023, demonstrating proper corporate governance procedures.

Share Characteristics and Rights

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects. This ensures that the new shareholders will have equal rights and privileges as existing equity holders, including voting rights, dividend entitlements, and other corporate benefits.

Corporate Communication

The company has informed both BSE Limited and National Stock Exchange of India Limited about this allotment through official communication. The information regarding this allotment is also available on the company's website at www.icicilombard.com , ensuring transparency and regulatory compliance.

This employee stock option allotment reflects the company's strategy to align employee interests with shareholder value creation through equity participation programs.

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+1.97%+4.95%-0.75%+13.11%+33.26%
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ICICI Lombard Allots 52,830 Equity Shares Under Employee Stock Option Schemes

1 min read     Updated on 13 Feb 2026, 10:41 PM
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Overview

ICICI Lombard General Insurance has allotted 52,830 equity shares of ₹10 each on February 12, 2026, under employee stock option schemes. The distribution included 51,153 shares under the 2005 scheme and 1,677 shares under the 2023 scheme, with 5,000 shares allocated to the Whole-time Director and 47,830 to other eligible employees.

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

ICICI Lombard General Insurance Company Limited has announced the allotment of 52,830 equity shares under its employee stock option schemes on February 12, 2026. The allotment was executed at 9:00 p.m. on the specified date, representing the time of the final approval for the share distribution.

Scheme-wise Share Distribution

The equity share allotment was distributed across two distinct employee benefit schemes operated by the company:

Scheme Shares Allotted
ICICI Lombard Employees Stock Option Scheme-2005 51,153
ICICI Lombard Employees Stock Unit Scheme-2023 1,677
Total 52,830

Approval Structure and Authority

The allotment process involved multiple levels of corporate governance approval. The Stakeholders Relationship Committee specifically approved the allocation of 5,000 equity shares to the company's Whole-time Director. The remaining 47,830 equity shares were approved for distribution to other eligible option and unit holders under the authority delegated by the Board of Directors to the Whole-time Director.

Share Specifications and Rights

Each of the 52,830 newly allotted equity shares carries a face value of ₹10. These shares have been granted full pari-passu status, meaning they will enjoy identical rights and privileges as the company's existing equity shares in all respects. This includes voting rights, dividend entitlements, and other shareholder benefits.

Regulatory Compliance

The allotment has been communicated to both major stock exchanges where the company's shares are listed. The notification was sent to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 requirements. Complete details of this allotment are available on the company's official website at www.icicilombard.com for stakeholder reference.

Historical Stock Returns for ICICI Lombard General Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+1.97%+4.95%-0.75%+13.11%+33.26%
ICICI Lombard General Insurance
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1 Year Returns:+13.11%