ICICI Lombard Allots 47,109 Equity Shares Under Employee Stock Option Schemes
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.91% | +1.97% | +4.95% | -0.75% | +13.11% | +33.26% |


































