News Corporate Actions ICICI Lombard Allots 52,830 Equity Shares Under Employee Stock Option SchemesICICI Lombard Allots 52,830 Equity Shares Under Employee Stock Option Schemes
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.19% | +2.24% | +0.30% | +0.69% | +8.57% | +28.18% |
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