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ICICI Prudential allots shares under employee stock schemes

November 18, 2025 at 08:09 AM UTCBy FilingReader AI

ICICI Prudential Life Insurance Company Limited announced on November 18, 2025, the allotment of 64,630 equity shares, each with a face value of ₹10, under its ‘ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005)’. The company also allotted 252 equity shares, also with a face value of ₹10 each, under the ‘ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023)’.

The total allotment of shares across both schemes was concluded on November 18, 2025, at 1:11 p.m. IST. This move is part of the company's ongoing employee incentive programs, designed to foster employee ownership and engagement. The announcement was made by priya nair, company secretary, and addressed to both the BSE Limited and the National Stock Exchange of India Limited.

The notification highlighted that the allotments were specifically for employees, reinforcing the company's strategy to align employee interests with shareholder value creation. The communication was dispatched from the company's Mumbai offices to the respective listing departments.

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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