ICICI Prudential Life Insurance Allots 2,55,615 Equity Shares Under Employee Stock Option Schemes

ICICI Prudential Life Insurance Company Limited has allotted 2,55,615 equity shares of face value ₹10 each on May 12, 2026, under its employee stock option schemes. The allotment was approved by the Managing Director & CEO of the company at 1:03 p.m. IST, pursuant to authority delegated by the Board of Directors at its meeting held on January 22, 2019.

Scheme-wise Allotment Breakdown

The total allotment of 2,55,615 equity shares was distributed across two distinct employee stock schemes. The following table provides a detailed breakdown of the allotment:

Scheme: Shares Allotted Employees Stock Option Scheme (2005): 2,52,270 equity shares Employees Stock Unit Scheme (2023): 3,345 equity shares Total Allotted: 2,55,615 equity shares

Allotment Details and Ranking

The newly allotted equity shares carry a face value of ₹10 each and shall rank pari-passu with the existing equity shares of the company. This means the allotted shares carry the same rights and entitlements as the currently outstanding equity shares of ICICI Prudential Life Insurance. The intimation of this allotment was formally communicated to both BSE Limited and the National Stock Exchange of India Limited on May 12, 2026, by Company Secretary Priya Nair (ACS 17769), in compliance with applicable listing requirements.

ICICI Prudential Life Insurance Company Limited has published newspaper advertisements in the Financial Express (all India edition) and Loksatta (Mumbai edition) to notify shareholders about the impending transfer of equity shares and unclaimed dividends to the Investor Education and Protection Fund (IEPF) Authority. The disclosures were made pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to both BSE Limited and the National Stock Exchange of India Limited on May 12, 2026.

IEPF Transfer Deadlines and Regulatory Framework

The notice has been issued in compliance with Section 124 of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Under these provisions, unpaid or unclaimed dividends, along with the shares in respect of which dividends have remained unclaimed for seven consecutive years or more, are liable to be transferred to the IEPF Authority.

Shareholders are advised to take note of the following key transfer dates:

Transfer Deadline :--- First Transfer Date: Tuesday, August 18, 2026 Second Transfer Date: Saturday, November 21, 2026

If dividends are not claimed by the respective deadlines, the equity shares in respect of which dividends remain unclaimed for seven consecutive years will be transferred to the IEPF Authority via corporate action through the Depositories to the demat account of the IEPF Authority established by the Central Government, without any further notice to the shareholders.

Shareholder Recourse and Claims Process

Shareholders whose shares and dividends have been transferred to the IEPF Authority are not without recourse. A separate application must be submitted to the IEPF Authority in Form IEPF-5 electronically, as prescribed by the Ministry of Corporate Affairs, available at www.mca.gov.in . The company has clarified that no claim shall lie against it in respect of unclaimed dividends or equity shares once transferred to the IEPF Authority.

The details of concerned shareholders whose unclaimed dividends and/or shares are liable for transfer have been uploaded on the company's website at www.iciciprulife.com . The statement of unpaid/unclaimed dividend is also accessible on the website under: About us > Shareholder Information > Dividends.

For queries, shareholders may contact the company's Registrar and Share Transfer Agent:

Contact Details: Information RTA Name: KFin Technologies Limited Address: Unit: ICICI Prudential Life Insurance Company Limited, Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad – 500 032 RTA Email: einward.ris@kfintech.com Company Email: investor@iciciprulife.com

Second 100 Days' Campaign — Saksham Niveshak

In addition to the IEPF transfer notice, ICICI Prudential Life Insurance has also aligned with the Ministry of Corporate Affairs' initiative. Pursuant to the MCA communication dated March 27, 2026, the IEPF Authority re-initiated the Second 100 Days' Campaign — Saksham Niveshak, running from April 1, 2026 to July 9, 2026. The campaign aims to reach out to shareholders whose dividends have remained unpaid or unclaimed and whose Know Your Customer (KYC) details — including PAN, bank account, contact information, and nomination — have not been updated.

Shareholders of ICICI Prudential Life Insurance with unpaid or unclaimed dividends, or those who have not updated their KYC details, are requested to contact the company's RTA at the address mentioned above or write to einward.ris@kfintech.com with a copy to investor@iciciprulife.com .

The notice was signed by Priya Nair, Company Secretary (ACS 17769), on behalf of ICICI Prudential Life Insurance Company Limited, from Mumbai, dated May 12, 2026.

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 and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.