ICICI Life Insurance Limited has completed an allotment of equity shares under its employee stock ownership plan. The company allotted 2,697 equity shares with a face value of ₹10 each on October 21, 2026.
The allotment was made under the ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023). The approval for this allotment was granted on the same day at 15:22 IST.
The newly allotted equity shares will rank pari-passu (equal in status) with the existing equity shares of the company. This means they will carry identical rights and privileges as the currently outstanding shares.
The disclosure was signed by Priya Nair, Company Secretary (ACS 17769), and represents a routine regulatory filing regarding employee compensation through equity instruments.