Allotment Details
The Company allotted a total of 4,009 (Four Thousand Nine Only) equity shares of ₹10 each on October 14, 2026 under the following employee stock schemes:
- ICICI Lombard Employees Stock Option Scheme 2005: 3,940 equity shares
- ICICI Lombard Employees Stock Unit Scheme 2023: 69 equity shares
Approval Mechanism
The allotment was approved by a Whole-time Director of the Company on October 14, 2026 at 12:46 p.m. This approval was made pursuant to the authority delegated by the Board of Directors of the Company at its meeting held on July 18, 2023.
Share Characteristics
The allotted equity shares shall rank pari-passu with the existing equity shares of the Company in all respects.
Additional Information
The information regarding this allotment will be available on the company's website at https://www.icicilombard.com.
Financial Impact
Minor equity dilution through issuance of 4,009 shares under employee compensation schemes. The exact financial impact on earnings per share or ownership percentage is not quantified in the disclosure.