ICICI Lombard allots over 41,000 equity shares under employee schemes

ICICI Lombard General Insurance Company Limited has announced the allotment of 41,923 new equity shares, each with a face value of ₹10, on November 12, 2025. This allotment was made under two distinct employee schemes: the ICICI Lombard Employees Stock Option Scheme - 2005, which accounted for 38,944 equity shares, and the ICICI Lombard - Employees Stock Unit Scheme - 2023, under which 2,979 equity shares were allotted.

The allotment was approved by a whole-time director of the company on November 12, 2025, at 11:29 p.m., exercising authority delegated by the board of directors at a meeting held on July 18, 2023. These newly allotted shares will rank pari-passu with the company's existing equity shares in all respects.

Investors and stakeholders can find further details regarding this allotment on the company's official website, icicilombard.com. This move reflects the company's ongoing commitment to its employee incentive programs.