ICICI Prudential Life Insurance Company Limited has allotted 400 equity shares with a face value of ₹10 each on August 18, 2026. The allotment was made under the ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005).
The allotment was approved by the Managing Director & CEO of the Company at 14:04 IST on August 18, 2026, pursuant to the authority delegated by the Board of Directors at its meeting held on January 22, 2019.
The allotted equity shares will rank pari-passu with the existing equity shares of the Company, meaning they will have identical rights and privileges as the currently outstanding shares.
This intimation represents a regulatory disclosure regarding the share allotment under the company's employee stock option plan. The document was digitally signed by Priya Nair, Company Secretary (ACS 17769), on August 18, 2026, at 15:36:29 IST.
Financial Impact
The document does not quantify the financial impact of this 400-share allotment. The small number of shares (400) suggests minimal dilution effect on existing shareholders.