ICICI Prudential Life Insurance Allots 190,760 Equity Shares Under Employee Stock Option Scheme

ICICI Prudential Life Insurance Company Limited has completed the allotment of equity shares under its Employee Stock Option Scheme, marking another step in its employee compensation strategy. The company informed stock exchanges about this corporate action through an official communication on April 28, 2026.

Share Allotment Details

The company has allotted equity shares to employees under its established stock option program. The allotment specifics are outlined in the following table:

Parameter: Details Number of Shares: 190,760 equity shares Face Value: ₹10 each Allotment Date: April 28, 2026 Scheme: ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) Approval Time: 1:30 p.m. IST

Approval and Authorization

The allotment received approval from the Managing Director & CEO of the company on April 28, 2026. This approval was granted pursuant to the authority delegated by the Board of Directors at its meeting held on January 22, 2019. The delegation of authority allows the management to execute employee stock option allotments without requiring fresh board approval for each instance.

Share Rights and Status

The newly allotted equity shares carry equal rights and privileges as the existing equity shares of the company. The shares rank pari-passu with existing equity shares, ensuring that employees receiving these shares under the ESOP have the same voting rights, dividend entitlements, and other shareholder benefits as other equity shareholders.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about this allotment. The communication was signed by Company Secretary Priya Nair and includes all necessary details required under regulatory guidelines for such corporate actions.

ICICI Prudential Life Insurance Company Limited has announced its consolidated financial results for the quarter and year ended March 31, 2026, showcasing robust performance across key financial metrics. The leading life insurance company demonstrated strong profitability growth and sustained premium income expansion during the reporting period.

Quarterly Financial Performance

The company's Q4 FY26 results reflect significant improvement in profitability and operational efficiency. Net profit after tax surged to ₹62,391 lakhs compared to ₹38,528 lakhs in Q4 FY25, representing a substantial 61.95% year-on-year increase. Premium income for the quarter reached ₹1,964,755 lakhs, marking a healthy 16.73% growth from ₹1,683,163 lakhs in the corresponding quarter of the previous year.

Metric Q4 FY26 Q4 FY25 Growth (%) Premium Income (₹ lakhs) 1,964,755 1,683,163 +16.73% Net Profit Before Tax (₹ lakhs) 68,278 41,291 +65.36% Net Profit After Tax (₹ lakhs) 62,391 38,528 +61.95% Basic EPS (₹) 4.31 2.67 +61.42% Diluted EPS (₹) 4.28 2.65 +61.51%

Annual Financial Results

For the full financial year FY26, ICICI Prudential Life Insurance maintained its growth trajectory with consistent performance improvements. Annual net profit after tax reached ₹160,789 lakhs, representing a 35.65% increase from ₹118,552 lakhs in FY25. The company's premium income for the year totaled ₹5,312,464 lakhs, reflecting an 8.53% growth compared to ₹4,895,071 lakhs in the previous financial year.

Parameter FY26 FY25 Growth (%) Annual Premium Income (₹ lakhs) 5,312,464 4,895,071 +8.53% Net Profit Before Tax (₹ lakhs) 181,186 133,168 +36.06% Net Profit After Tax (₹ lakhs) 160,789 118,552 +35.65% Basic EPS (₹) 11.11 8.21 +35.32% Diluted EPS (₹) 11.05 8.16 +35.42%

Balance Sheet Strength and Key Ratios

The company's balance sheet reflects improved financial strength with net worth increasing to ₹1,363,115 lakhs as of March 31, 2026, compared to ₹1,193,378 lakhs in the previous year. Paid-up equity share capital stood at ₹144,928 lakhs, while reserves excluding revaluation reserve reached ₹1,218,184 lakhs, up from ₹1,051,479 lakhs in FY25.

Financial Metric March 31, 2026 March 31, 2025 Net Worth (₹ lakhs) 1,363,115 1,193,378 Paid-up Equity Capital (₹ lakhs) 144,928 144,532 Debt Equity Ratio 0.19 0.22 DSCR 10.39 9.61 ISCR 10.39 9.61

Standalone Results and Regulatory Compliance

The standalone financial results closely mirror the consolidated performance, with premium income of ₹1,964,755 lakhs for Q4 FY26 and profit after tax of ₹60,881 lakhs. For FY26, standalone profit after tax reached ₹160,036 lakhs compared to ₹118,906 lakhs in FY25. The company has published these results in compliance with Regulation 47 and 52(8) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with advertisements appearing in Financial Express and Loksatta on April 16, 2026.

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