ICICI Lombard Allots 38,044 Equity Shares Under Employee Stock Option Schemes

ICICI Lombard General Insurance Company Limited has announced the allotment of 38,044 equity shares under its employee stock option schemes on February 3, 2026. The shares, valued at ₹10 each, were distributed across two distinct employee benefit programs as part of the company's ongoing commitment to employee participation in equity ownership. Share Allocation Details The allotment was structured across two employee stock schemes operated by the insurance company. The distribution demonstrates the company's multi-tiered approach to employee equity participation through both legacy and contemporary programs. Scheme Shares Allotted ICICI Lombard Employees Stock Option Scheme - 2005 37,669 ICICI Lombard - Employees Stock Unit Scheme – 2023 375 Total Shares Allotted 38,044 Approval and Authorization The share allotment received formal approval from a Whole-time Director of the company at 02:15 p.m. on February 3, 2026. This approval was granted under the authority previously delegated by the Board of Directors during their meeting held on July 18, 2023. The structured approval process reflects the company's adherence to corporate governance protocols for equity-related decisions. Share Characteristics and Rights The newly allotted equity shares carry full rights and privileges equivalent to existing equity shares of the company. These shares will rank pari-passu with the existing equity shares in all respects, ensuring equal treatment for all shareholders regardless of the method of share acquisition. Each share carries a face value of ₹10, maintaining consistency with the company's existing equity structure. Corporate Communication The company has fulfilled its regulatory obligations by formally notifying both BSE Limited and National Stock Exchange of India Limited about the share allotment. The information regarding this allotment has been made available on the company's official website at www.icicilombard.com , ensuring transparency and accessibility for stakeholders and investors. ICICI Lombard General Insurance Company Ltd. recorded a substantial block trade on the National Stock Exchange (NSE), highlighting significant institutional trading activity in the insurance sector. Block Trade Details The transaction involved a considerable volume of shares with specific pricing parameters that reflect current market conditions. Parameter: Details Total Value: Rs. 18.55 crores Number of Shares: ~100,073 shares Price per Share: Rs. 1854.00 Exchange: NSE Market Significance Block trades typically represent institutional investor transactions or bulk deal arrangements executed outside regular trading hours. These transactions often indicate strategic positioning by large investors, mutual funds, or institutional entities. The execution price of Rs. 1854.00 per share provides insight into the current valuation metrics for ICICI Lombard General Insurance shares. Transaction Overview The block trade mechanism allows for large volume transactions without significantly impacting the stock's market price during regular trading hours. Such transactions are particularly common among institutional investors who need to execute substantial positions while minimizing market disruption. The involvement of approximately 100,073 shares in this transaction demonstrates the scale of institutional interest in the insurance company's equity. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.