ICICI Prudential Life Insurance Company Limited has announced the allotment of equity shares under two employee schemes on December 16, 2025. The company allotted a total of 78,351 equity shares through its Employee Stock Option Scheme and Employee Stock Unit Scheme at 12:05 p.m. IST.

Share Allotment Breakdown

The allotment was executed under two distinct employee schemes:

Scheme Details and Timeline

The allotment encompasses shares from the ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) and the ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023). The allotment was completed on December 16, 2025, at 12:05 p.m. IST, with formal communication sent to both BSE Limited and National Stock Exchange of India Limited.

Employee Benefit Programs

The dual-scheme approach reflects the company's comprehensive employee compensation strategy. The Employee Stock Option Scheme (2005) represents the company's long-standing commitment to employee equity participation, while the newer Employee Stock Unit Scheme (2023) demonstrates the evolution of employee benefit programs. These schemes enable eligible employees to acquire equity stakes in the company, aligning their interests with shareholder value creation.

Corporate Communication

The allotment was formally communicated to stock exchanges by Company Secretary Priya Nair (ACS 17769). ICICI Prudential Life Insurance Company Limited operates from its registered office at ICICI Pru Life Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025, with Corporate Identification Number L66010MH2000PLC127837.

UNO Minda Limited, a leading automotive components manufacturer, has announced significant changes in its partnership with Buehler Motor GmbH. The company executed three key agreements that reshape their business relationship.

Key Agreements Executed

1. Joint Venture Termination Agreement: UNO Minda Limited, its subsidiary UNO Minda Buehler Motor Private Limited (UMBM), and Buehler Motor GmbH, Germany (Buehler) have agreed to terminate their existing joint venture.

2. Share Purchase Agreement: This agreement was signed among UNO Minda Limited, UMBM, and Buehler. The details of the share purchase have not been disclosed.

3. Amended Technical License Agreement (TLA): UMBM and Buehler have entered into a revised TLA, suggesting ongoing technical collaboration despite the joint venture termination.

Impact and Effectiveness

UNO Minda has stated that there will be no material impact on the company's business operations following these changes. The agreements are structured to become effective upon fulfillment of conditions stipulated in the Share Purchase Agreement and completion of UNO Minda's acquisition of Buehler's stake.

Agreement Details

Disclosure and Compliance

The company has made this disclosure in compliance with Regulation 30 of SEBI Listing Regulations, as amended by Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. UNO Minda has also confirmed that the detailed disclosure is available on the company's website at www.unominda.com .

This strategic move by UNO Minda appears to be a realignment of its partnership with Buehler, potentially allowing for more flexibility in operations while maintaining technical cooperation. Investors and stakeholders will be keen to observe how this restructuring influences UNO Minda's future business strategies and market position in the automotive components sector.