ICICI Prudential Life Insurance Company Limited , a leading player in India's insurance sector, has announced a crucial board meeting scheduled for October 14, 2025. The meeting's primary agenda is to review and potentially approve the company's financial performance for the second quarter and first half of the fiscal year 2025.

Financial Review on the Horizon

The board of directors will convene to consider the approval of unaudited standalone and consolidated financial statements and financial results for the quarter and half year ended September 30, 2025. This meeting is a standard practice for publicly listed companies and provides investors and stakeholders with insights into the company's financial health and performance.

Trading Window Closure

In line with regulatory requirements and to ensure fair trading practices, ICICI Prudential Life Insurance has implemented a trading window closure. This closure will be in effect from October 1 to October 16, 2025, encompassing the period before and after the board meeting. During this time, all Designated Persons of the company and their immediate relatives are prohibited from trading in the company's securities.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 29(1)(a) and 50(1)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the trading window closure adheres to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct.

Implications for Investors

Investors and market analysts will be keenly watching for the outcome of this board meeting, as it will provide crucial insights into ICICI Prudential Life Insurance's performance during a significant period of the fiscal year. The financial results are expected to offer a comprehensive view of the company's:

• Business operations
• Profitability
• Overall financial standing

As the insurance sector continues to evolve in India, ICICI Prudential Life Insurance's performance could also serve as an indicator of broader trends in the industry. Stakeholders will be particularly interested in how the company has navigated the challenges and opportunities presented in the first half of the fiscal year 2025.

The announcement of the board meeting and the subsequent release of financial results are standard practices that promote transparency and help maintain the integrity of the financial markets. Investors are advised to stay tuned for the official release of the financial results following the board meeting on October 14, 2025.

ICICI Prudential Life Insurance has initiated a postal ballot process to seek shareholder approval for the appointment of two new non-executive directors. The company aims to bring Mr. Naveen Tahilyani and Mr. Samit Upadhyay onto its board, effective September 13, 2025.

Proposed Appointments

Mr. Naveen Tahilyani

Mr. Naveen Tahilyani, aged 51, brings a wealth of experience to the table. He currently serves as the Regional CEO at Prudential Plc, overseeing businesses in India, Africa, the Philippines, and Cambodia, Laos and Myanmar (CLM). Tahilyani also leads the Group's Health business across all markets. His extensive background includes board-level positions at TATA Digital Private Limited and TATA AIA Life Insurance Company Limited, as well as a 17-year stint at McKinsey advising banks and insurance companies across Asia.

Mr. Samit Upadhyay

Mr. Samit Upadhyay, 45, is currently the Head of Retail Assets at ICICI Bank. In this role, he is responsible for the P&L, strategy, and growth of the Bank's secured and unsecured retail lending businesses. Upadhyay's two-decade career in financial services includes significant experience with the ICICI Group. His prior roles encompass leadership positions at Tata AIA Life Insurance, where he served as President – Chief Financial Officer and Head of Propositions & Health.

Voting Process

The company has set up an e-voting process for shareholders to cast their votes on these appointments. The e-voting period will commence on September 20, 2025, at 9:00 a.m. IST and conclude on October 19, 2025, at 5:00 p.m. IST. ICICI Prudential Life Insurance has engaged the National Securities Depository Limited (NSDL) to facilitate the remote e-voting process.

Key Dates

The company has stated that the results of the postal ballot will be declared on or before October 21, 2025. These results will be posted on the company's website and communicated to the National Stock Exchange of India Limited and BSE Limited.

ICICI Prudential Life Insurance continues to strengthen its leadership team with these proposed appointments, aiming to leverage the diverse experience of Mr. Tahilyani and Mr. Upadhyay to drive future growth and strategic initiatives.