News Corporate Actions ICICI Prudential Life Insurance Allots 224,000 Equity Shares Under ESOP SchemesICICI Prudential Life Insurance Allots 224,000 Equity Shares Under ESOP Schemes
ICICI Prudential Life Insurance Company Limited completed a significant allotment of 224,000 equity shares under its employee incentive programs on February 3, 2026. The allotment included 223,800 shares under the Employee Stock Option Scheme (2005) and 200 shares under the Employee Stock Unit Scheme (2023), demonstrating the company's commitment to employee compensation and retention strategies.
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ICICI Prudential Life Insurance Company Limited has completed the allotment of 224,000 equity shares under its Employee Stock Option and Stock Unit schemes, marking a significant expansion of its employee incentive programs. The latest allotment was executed on February 3, 2026, representing a substantial increase from the previous allotment of 31,000 shares completed on January 28, 2026.
Latest Share Allotment Details
The company has provided comprehensive details regarding the equity share allotment through its official communication to BSE Limited and National Stock Exchange of India Limited.
| Parameter: | Details |
|---|---|
| Total Shares Allotted: | 224,000 equity shares |
| Face Value: | ₹10 each |
| Allotment Date: | February 3, 2026 |
| ESOP Scheme (2005): | 223,800 equity shares |
| Stock Unit Scheme (2023): | 200 equity shares |
| Approval Time: | 1:22 p.m. IST |
Scheme Distribution and Structure
The February allotment encompasses two distinct employee incentive schemes. The majority of shares, totaling 223,800 equity shares, were allocated under the ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005). Additionally, 200 equity shares were allotted under the newer ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023), demonstrating the company's diversified approach to employee compensation.
Approval Process and Authority
The allotment received approval from the Managing Director & CEO of the company on February 3, 2026. This approval was granted pursuant to the authority delegated by the Board of Directors at its meeting held on January 22, 2019. The delegation of authority enables efficient execution of employee stock option schemes without requiring individual board approvals for each allotment.
Share Rights and Compliance
The newly allotted equity shares carry full rights and privileges equivalent to existing equity shares. The company has confirmed that these shares shall rank pari-passu with the existing equity shares in all respects, ensuring equal treatment for all shareholders. The allotment documentation was digitally signed by Priya Nair, Company Secretary (ACS 17769), on February 3, 2026, at 13:40:22 +05'30'. The company has ensured compliance with regulatory requirements by promptly informing both major stock exchanges and making the information available on its official website at www.iciciprulife.com .
Historical Stock Returns for ICICI Prudential Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.41% | +2.07% | -1.46% | +2.82% | +13.07% | +34.16% |
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