News Corporate Actions ICICI Prudential Life Insurance Allots 460,058 Equity Shares Under Employee Stock Option SchemesICICI Prudential Life Insurance Allots 460,058 Equity Shares Under Employee Stock Option Schemes
ICICI Prudential Life Insurance Company Limited allotted 460,058 equity shares with face value of ₹10 each on February 17, 2026, under employee stock option schemes. The distribution included 459,310 shares under the 2005 ESOP scheme and 748 shares under the 2023 stock unit scheme. The allotment was approved by the Managing Director & CEO and the new shares will rank pari-passu with existing equity shares.
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ICICI Prudential Life Insurance Company Limited has completed the allotment of 460,058 equity shares under its employee stock option schemes on February 17, 2026. The shares carry a face value of ₹10 each and were distributed across two distinct employee benefit schemes operated by the insurance company.
Share Allotment Details
The equity share allotment was executed under two separate employee schemes with the following distribution:
| Scheme | Number of Shares |
|---|---|
| ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) | 459,310 |
| ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023) | 748 |
| Total Allotment | 460,058 |
Approval and Authorization
The allotment received approval from the Managing Director & CEO of the company on February 17, 2026, at 12:05 p.m. IST. This approval was granted pursuant to the authority delegated by the Board of Directors during its meeting held on January 22, 2019. The newly allotted equity shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.
Corporate Communication
The company has formally notified both the BSE Limited and National Stock Exchange of India Limited about this share allotment through official correspondence signed by Company Secretary Priya Nair. The notification confirms that detailed information regarding this allotment will be made available on the company's official website at www.iciciprulife.com .
Employee Stock Option Schemes
The allotment demonstrates the company's continued commitment to employee participation through equity-based compensation. The majority of shares, totaling 459,310, were allocated under the older Employees Stock Option Scheme established in 2005, while a smaller portion of 748 shares was distributed under the more recent Employees Stock Unit Scheme introduced in 2023.
Historical Stock Returns for ICICI Prudential Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.17% | -1.32% | -5.64% | +2.10% | +11.22% | +30.36% |
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