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  3. ICICI Prudential Life Insurance Allots 56,510 Equity Shares Under Employee Stock Option Schemes
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  • 17 Mar 2026
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 ICICI Prudential Life Insurance Allots 56,510 Equity Shares Under Employee Stock Option Schemes

ICICI Prudential Life Insurance Company Limited allotted 56,510 equity shares with face value of ₹ 10 each on March 17, 2026, under two employee stock schemes. The allotment included 51,360 shares under the 2005 ESOP scheme and 5,150 shares under the 2023 stock unit scheme. The shares were approved by the MD & CEO under Board-delegated authority and will rank pari-passu with existing equity shares.

ICICI Prudential Life Insurance Allots 56,510 Equity Shares Under Employee Stock Option Schemes

ICICI Prudential Life Insurance Company Limited has completed the allotment of 56,510 equity shares under its employee stock option schemes on March 17, 2026. The shares carry a face value of ₹ 10 each and were distributed across two distinct employee benefit schemes.

Share Allotment Details

The equity share allotment was executed under two separate employee stock schemes operated by the company:

Scheme Shares Allotted ICICI Prudential Life Insurance Company Limited - Employees Stock Option Scheme (2005) 51,360 ICICI Prudential Life Insurance Company Limited - Employees Stock Unit Scheme (2023) 5,150 Total Shares Allotted 56,510

Approval and Authorization

The allotment received approval from the Managing Director & CEO of the company on March 17, 2026, at 11:37 a.m. IST. This approval was granted pursuant to the authority delegated by the Board of Directors during their meeting held on January 22, 2019.

Share Characteristics

The newly allotted equity shares will rank pari-passu with the existing equity shares of ICICI Prudential Life Insurance Company Limited. This means the new shares will carry identical rights and privileges as the company's existing equity shares, including voting rights and dividend entitlements.

Corporate Communication

The company has formally communicated this allotment to both major stock exchanges - BSE Limited and the National Stock Exchange of India Limited. The intimation was signed by Company Secretary Priya Nair (ACS 17769) and is also accessible on the company's official website at www.iciciprulife.com .

This share allotment represents the company's ongoing commitment to its employee stock option programs, providing equity participation opportunities to its workforce through established ESOP frameworks dating back to 2005 and the more recent 2023 scheme.

ICICI Prudential Life Insurance Company Limited has announced an investor and analyst meeting scheduled for March 18, 2026, filing the mandatory disclosure under SEBI regulations on March 10, 2026. The meeting forms part of the Nomura India Corporate Day event and will be conducted in Japan.

Meeting Details and Format

The upcoming investor engagement will be organized by Nomura Financial Advisory & Securities as a group meeting format. The session is scheduled to commence at 5:30 a.m. IST and will be conducted through in-person participation in Japan.

Parameter: Details Event Name: Nomura India Corporate Day Meeting Type: Group Location: Japan Date: March 18, 2026 Time: 5:30 a.m. IST Mode: In-person Organizer: Nomura Financial Advisory & Securities

Regulatory Compliance and Disclosure

The company filed the disclosure under Regulation 30 read with para A of part A of Schedule III and Regulation 46(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Priya Nair signed the regulatory filing, emphasizing that no unpublished price sensitive information will be shared during the meeting.

Meeting Schedule Flexibility

ICICI Prudential Life Insurance has indicated that the meeting schedule remains subject to change due to potential exigencies on the part of either the investor or the company. The company has made the intimation accessible through its official website at www.iciciprulife.com , ensuring transparency and accessibility for stakeholders.

The disclosure demonstrates the company's commitment to maintaining regulatory compliance while engaging with the investment community through structured investor relations activities.

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