ICICI Prudential Life Insurance Allots 460,058 Equity Shares Under Employee Stock Option Schemes

ICICI Prudential Life Insurance Company Limited has completed the allotment of 460,058 equity shares under its employee stock option schemes on February 17, 2026. The shares carry a face value of ₹10 each and were distributed across two distinct employee benefit schemes operated by the insurance company. Share Allotment Details The equity share allotment was executed under two separate employee schemes with the following distribution: Scheme Number of Shares ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) 459,310 ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023) 748 Total Allotment 460,058 Approval and Authorization The allotment received approval from the Managing Director & CEO of the company on February 17, 2026, at 12:05 p.m. IST. This approval was granted pursuant to the authority delegated by the Board of Directors during its meeting held on January 22, 2019. The newly allotted equity shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders. Corporate Communication The company has formally notified both the BSE Limited and National Stock Exchange of India Limited about this share allotment through official correspondence signed by Company Secretary Priya Nair. The notification confirms that detailed information regarding this allotment will be made available on the company's official website at www.iciciprulife.com . Employee Stock Option Schemes The allotment demonstrates the company's continued commitment to employee participation through equity-based compensation. The majority of shares, totaling 459,310, were allocated under the older Employees Stock Option Scheme established in 2005, while a smaller portion of 748 shares was distributed under the more recent Employees Stock Unit Scheme introduced in 2023. ICICI Prudential Life Insurance Company Limited has completed the allotment of 183,530 equity shares under its Employee Stock Option Scheme, marking another step in its employee incentive program. The allotment was executed on February 10, 2026, and formally communicated to stock exchanges through an official filing. Share Allotment Details The company has provided comprehensive details regarding the equity share allotment under its established ESOP framework. Parameter: Details Number of Shares: 183,530 equity shares Face Value: ₹10 each Allotment Date: February 10, 2026 Scheme: ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) Approval Time: 11:46 a.m. IST Regulatory Approval and Authority The allotment received approval from the Managing Director & CEO of the company on February 10, 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 demonstrates the company's structured approach to employee stock option implementations. Share Characteristics The newly allotted equity shares carry full rights and privileges equivalent to existing shares. The shares shall rank pari-passu with the existing equity shares of the company in all respects, ensuring equal treatment for all shareholders. This standard provision maintains consistency in shareholder rights across all equity shares issued by the company. Corporate Communication The company has fulfilled its disclosure obligations by informing both major stock exchanges - BSE Limited and National Stock Exchange of India Limited - about the share allotment. Additionally, the information has been made available on the company's official website at www.iciciprulife.com , ensuring transparency and accessibility for stakeholders. The formal communication was signed by Priya Nair, Company Secretary (ACS 17769), maintaining proper corporate governance protocols in the disclosure process. 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. 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