ICICI Prudential Life Insurance Credits ₹0.85 Per Share Final Dividend for FY2025

1 min read     Updated on 30 Jul 2025, 09:28 PM
scanxBy ScanX News Team
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Overview

ICICI Prudential Life Insurance Company Limited has credited the final dividend of ₹0.85 per equity share for the financial year 2025 to shareholders' bank accounts on July 30, 2025. The dividend was approved at the Annual General Meeting on June 27, 2025, with June 12, 2025, set as the record date. Tax has been deducted at source where applicable, and Form 16A certificates will be available by August 15, 2025. Shareholders have been notified via email and can contact KFin Technologies Limited for any discrepancies.

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*this image is generated using AI for illustrative purposes only.

ICICI Prudential Life Insurance Company Limited has successfully credited the final dividend for the financial year 2025 to its shareholders' bank accounts. This development comes following the approval of the dividend at the company's Annual General Meeting held on June 27, 2025.

Dividend Details

The company has disbursed a dividend of ₹0.85 per equity share, with each share having a face value of ₹10. This payout aligns with the decision made during the Annual General Meeting and reflects the company's commitment to delivering value to its shareholders.

Key Dates and Process

Event Date
Record Date June 12, 2025
Dividend Approval June 27, 2025
Dividend Credit July 30, 2025

ICICI Prudential Life Insurance had set June 12, 2025, as the record date to determine shareholder eligibility for the dividend. The company has processed the dividend payments in accordance with the shareholder mandates registered with KFin Technologies Limited, the company's Registrar & Share Transfer Agent, or with the respective Depository Participants.

Tax Deduction and Documentation

In compliance with the Income Tax Act provisions, the company has deducted tax at source (TDS) from the dividend amount where applicable. The net amount, after tax deduction, has been credited to the registered bank accounts of the shareholders.

To ensure transparency and facilitate tax filing for shareholders, ICICI Prudential Life Insurance will provide Form 16A tax deduction certificates by August 15, 2025. These certificates will be available on the website of the registrar, https://ris.kfintech.com .

Shareholder Communication

The company has taken proactive steps to inform shareholders about the dividend credit. On July 30, 2025, ICICI Prudential Life Insurance sent e-mail intimations to shareholders at their registered email addresses, providing details of the dividend credit process and relevant information.

Verification and Support

Shareholders are advised to verify the dividend credit in their bank statements. In case of any discrepancies or non-receipt of the dividend, they are encouraged to contact KFin Technologies Limited, quoting their Client ID or Folio Number.

For any queries related to the dividend payment, shareholders can reach out to ICICI Prudential Life Insurance at investor@iciciprulife.com .

This timely disbursement of dividends demonstrates ICICI Prudential Life Insurance's strong financial management and commitment to shareholder returns, even as the company continues to navigate the dynamic insurance sector landscape.

Historical Stock Returns for ICICI Prudential Life Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.42%-2.85%-9.04%-0.82%-18.19%+36.94%
ICICI Prudential Life Insurance
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ICICI Prudential Life Launches 'Saksham Niveshak' Campaign to Address Unclaimed Dividends

2 min read     Updated on 28 Jul 2025, 11:15 PM
scanxBy ScanX News Team
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Overview

ICICI Prudential Life Insurance Company initiates a 100-day 'Saksham Niveshak' campaign from July 28 to November 6, 2025, to help shareholders claim unpaid dividends and update details. The campaign aims to prevent transfer of unclaimed dividends and shares to the Investor Education and Protection Fund (IEPF). The company has sent reminder letters, provided online information, and simplified the claim process. Shareholders are urged to update their KYC and bank details to receive dividends electronically. This initiative complies with the Companies Act 2013 and SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

ICICI Prudential Life Insurance Company has initiated a proactive campaign to assist shareholders in claiming their unpaid dividends and updating their details. The 100-day 'Saksham Niveshak' campaign, running from July 28, 2025 to November 6, 2025, aims to prevent the transfer of unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF).

Campaign Objectives

The primary goals of the 'Saksham Niveshak' campaign are:

  1. To help shareholders with unpaid or unclaimed dividends from FY2019 to FY2025 update their KYC (Know Your Customer) and bank details.
  2. To facilitate the claiming of equity shares and dividends before they are transferred to the IEPF.
  3. To comply with the Companies Act 2013, which mandates the transfer of unclaimed dividends and corresponding shares to the IEPF Authority after seven consecutive years.

Actions Taken by ICICI Prudential Life

To ensure the success of this initiative, ICICI Prudential Life has taken several steps:

  1. Special Reminder Letters: The company has sent out special reminder letters to affected shareholders, providing detailed instructions on how to claim their outstanding dividends.
  2. Online Information: Unclaimed dividend details have been made available on the company's website ( www.iciciprulife.com ) for easy access by shareholders.
  3. Claim Process: Shareholders can claim outstanding dividends by either sending unpaid dividend warrants or completing a letter-cum-indemnity form provided by the company.

Importance of Shareholder Action

ICICI Prudential Life emphasizes the importance of shareholder action before the deadline. If dividends remain unclaimed, both the dividend amounts and corresponding equity shares will be transferred to the IEPF. Once transferred, shareholders would need to apply directly to the IEPF Authority using Form IEPF-5 to recover their assets, adding complexity to the process.

KYC and Bank Detail Updates

The company strongly urges shareholders to register or update their KYC and bank account details with the Registrar and Transfer Agent (RTA) or their Depository Participant. This step is crucial for receiving dividends electronically and ensuring smooth processing of dividend payments.

Regulatory Compliance

This initiative aligns with the directive of the Investor Education and Protection Fund Authority, Ministry of Corporate Affairs. ICICI Prudential Life has duly informed the stock exchanges about this campaign, in compliance with Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 'Saksham Niveshak' campaign represents a significant effort by ICICI Prudential Life to protect shareholder interests and ensure regulatory compliance. Shareholders are advised to take prompt action to secure their unclaimed dividends and shares before the November 6, 2025 deadline.

Historical Stock Returns for ICICI Prudential Life Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
-2.42%-2.85%-9.04%-0.82%-18.19%+36.94%
ICICI Prudential Life Insurance
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