News Corporate Actions ICICI Prudential Life Insurance Allots 31,000 Equity Shares Under Employee Stock Option SchemeICICI Prudential Life Insurance Allots 31,000 Equity Shares Under Employee Stock Option Scheme
ICICI Prudential Life Insurance Company Limited allotted 31,000 equity shares of ₹10 face value each on January 28, 2026, under its Employee Stock Option Scheme (2005). The allotment was approved by the MD & CEO at 1:05 p.m. IST under authority delegated by the Board of Directors from January 22, 2019. The new shares rank pari-passu with existing equity shares, providing equal rights to all shareholders.
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ICICI Prudential Life Insurance Company Limited has completed the allotment of 31,000 equity shares under its Employee Stock Option Scheme, marking another step in its employee incentive program. The allotment was executed on January 28, 2026, and has been duly communicated to stock exchanges.
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 |
|---|---|
| Number of Shares: | 31,000 equity shares |
| Face Value: | ₹10 each |
| Allotment Date: | January 28, 2026 |
| Scheme: | ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) |
| Approval Time: | 1:05 p.m. IST |
Approval Process and Authority
The allotment received approval from the Managing Director & CEO of the company on January 28, 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 Status
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. This means the new shares will have the same voting rights, dividend entitlements, and other shareholder benefits as the existing equity shares.
Documentation and Compliance
The allotment documentation was digitally signed by Priya Nair, Company Secretary (ACS 17769), on January 28, 2026, at 13:40:11 +05'30'. The company has ensured compliance with regulatory requirements by promptly informing both major stock exchanges. Additionally, the information has been made available on the company's official website at www.iciciprulife.com for stakeholder access.
Historical Stock Returns for ICICI Prudential Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.15% | -1.37% | -1.08% | +3.91% | +9.14% | +28.82% |
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