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ICICI Lombard allots new equity shares under employee stock schemes

September 13, 2025 at 03:39 PM UTCBy FilingReader AI

ICICI Lombard General Insurance Company Limited announced the allotment of 156,359 new equity shares, each with a face value of ₹10, on September 13, 2025. This allotment was made pursuant to authority delegated by the board of directors at a meeting on July 18, 2023, and approved by a whole-time director on the same day.

The shares were issued under two distinct employee schemes. The ICICI Lombard Employees Stock Option Scheme - 2005 accounted for 154,422 equity shares, while the ICICI Lombard - Employees Stock Unit Scheme – 2023 contributed 1,937 equity shares to the total.

These newly allotted equity shares will rank pari-passu with the company's existing equity shares in all respects. The company has made this information available on its official website.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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