ICICI Lombard General Insurance has allotted 52,830 equity shares of ₹10 each on February 12, 2026, under employee stock option schemes. The distribution included 51,153 shares under the 2005 scheme and 1,677 shares under the 2023 scheme, with 5,000 shares allocated to the Whole-time Director and 47,830 to other eligible employees.
ICICI Lombard General Insurance Company Limited has announced the allotment of 52,830 equity shares under its employee stock option schemes on February 12, 2026. The allotment was executed at 9:00 p.m. on the specified date, representing the time of the final approval for the share distribution.
Scheme-wise Share Distribution
The equity share allotment was distributed across two distinct employee benefit schemes operated by the company:
Scheme Shares Allotted ICICI Lombard Employees Stock Option Scheme-2005 51,153 ICICI Lombard Employees Stock Unit Scheme-2023 1,677 Total 52,830
Approval Structure and Authority
The allotment process involved multiple levels of corporate governance approval. The Stakeholders Relationship Committee specifically approved the allocation of 5,000 equity shares to the company's Whole-time Director. The remaining 47,830 equity shares were approved for distribution to other eligible option and unit holders under the authority delegated by the Board of Directors to the Whole-time Director.
Share Specifications and Rights
Each of the 52,830 newly allotted equity shares carries a face value of ₹10. These shares have been granted full pari-passu status, meaning they will enjoy identical rights and privileges as the company's existing equity shares in all respects. This includes voting rights, dividend entitlements, and other shareholder benefits.
Regulatory Compliance
The allotment has been communicated to both major stock exchanges where the company's shares are listed. The notification was sent to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 requirements. Complete details of this allotment are available on the company's official website at www.icicilombard.com for stakeholder reference.
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.
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.
