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ICICI Lombard Allots 24,132 Equity Shares Under Employee Stock Schemes

Story Highlights
  • ICICI Lombard has allotted 24,132 new equity shares under its employee stock schemes.
  • The newly issued shares rank pari passu and represent a routine step to support employee compensation and retention.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICICI Lombard Allots 24,132 Equity Shares Under Employee Stock Schemes

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ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ) has issued an announcement.

ICICI Lombard General Insurance Company Limited has allotted 24,132 equity shares of ₹10 each on January 13, 2026, under its employee incentive programmes. The allotment comprises 22,991 shares under the ICICI Lombard Employees Stock Option Scheme 2005 and 1,141 shares under the ICICI Lombard Employees Stock Unit Scheme 2023, approved by a whole-time director under delegated authority from the board. The newly issued shares will rank pari passu with existing equity shares, reflecting a routine, small-scale equity expansion aimed at employee compensation and retention without altering shareholder rights or the overall capital structure in a material way.

More about ICICI Lombard General Insurance Co. Ltd.

ICICI Lombard General Insurance Company Limited is a leading Indian non-life insurer offering a broad range of general insurance products, including motor, health, travel, home, and commercial insurance solutions. The company serves retail, corporate, and government clients across India and is regulated by the Insurance Regulatory and Development Authority of India (IRDA).

Average Trading Volume: 52,573

Technical Sentiment Signal: Buy

Current Market Cap: 943.2B INR

For detailed information about ICICIGI stock, go to TipRanks’ Stock Analysis page.

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