ICICI Prudential Life Insurance Company Limited has disclosed receiving a significant GST order from Maharashtra authorities. The company received the order under Section 73 of the Goods and Service Act, 2017 from the Deputy Commissioner of State Tax, Mumbai, Maharashtra, on December 23, 2025, at 4:30 p.m., pertaining to FY2022.

GST Order Details

The regulatory communication involves an order upholding a tax demand that was initially raised under Form GST DRC 07. The primary issue centers around the reversal of input tax credit as per GST Law.

Company's Response Strategy

ICICI Prudential Life Insurance plans to file an appeal against the order before the appropriate authority within the prescribed timelines as mandated by GST regulations. The company has stated that there is no impact at this stage.

Regulatory Compliance

The disclosure has been made in compliance with Regulation 30 and Regulation 51 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the required disclosure under Regulation 30(13) of the SEBI Listing Regulations.

Financial Impact Analysis

The total financial implication of ₹112.37 crores represents a significant increase from the previously reported amount. The breakdown shows:

The company has stated that the information and details provided in compliance with Regulation 30(13) of the SEBI Listing Regulations are true, correct, and complete to the best of their knowledge and belief.

ICICI Prudential Life Insurance Company Limited has successfully completed the payment of annual interest on its ₹1,400 crore debentures issue. The company informed stock exchanges about the interest payment made to debenture holders on December 19, 2025, at 06:30 p.m. through electronic credit intimation.

Debenture Issue Details

The interest payment pertains to the company's substantial debentures issue comprising specific financial instruments with defined characteristics.

Interest Payment Specifications

The annual interest payment was processed through Real Time Gross Settlement (RTGS) directly to debenture holders' bank accounts. The interest calculation and payment period demonstrate the company's commitment to timely servicing of its debt obligations.

Regulatory Compliance and Communication

The company fulfilled its regulatory obligations by intimating both BSE Limited and National Stock Exchange of India Limited about the interest payment under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ICICI Prudential Life Insurance also copied Axis Trustee Services Limited, which serves as the debenture trustee for this issue.

Debenture holders who have not received the interest payment are advised to contact the Registrar and Share Transfer Agent, KFin Technologies Limited, located at Selenium Tower B, Plot No. 31-32, Gachibowli Financial District, Nanakramguda, Hyderabad. The company has requested debenture holders to acknowledge receipt of the interest amount through written confirmation to investor@iciciprulife.com .

Corporate Communication

The interest payment communication was signed by Priya Nair, Company Secretary (ACS 17769), demonstrating proper corporate governance procedures. The company maintains its registered office at ICICI Pru Life Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025, with comprehensive contact details provided for investor queries and support.