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ICICI Lombard Allots 40,020 Equity Shares Under ESOP Scheme

Story Highlights
  • ICICI Lombard has allotted 40,020 equity shares of ₹10 each under its 2005 employee stock option scheme.
  • The new shares rank pari passu with existing equity, slightly expanding the capital base and supporting employee incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICICI Lombard Allots 40,020 Equity Shares Under ESOP Scheme

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ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ) has shared an update.

ICICI Lombard General Insurance Company Limited has allotted 40,020 equity shares of ₹10 each on December 22, 2025 under its Employees Stock Option Scheme – 2005, following approval by a whole-time director acting under delegated authority from the board. The newly issued shares will rank pari passu with the company’s existing equity shares, modestly increasing its equity base while reinforcing its use of stock-based compensation as part of its employee incentive and retention strategy.

More about ICICI Lombard General Insurance Co. Ltd.

ICICI Lombard General Insurance Company Limited is one of India’s leading general insurers, offering a broad portfolio of non-life insurance products, including motor, health, travel, and commercial insurance solutions. The company focuses on both retail and corporate customers across the country and is regulated by the Insurance Regulatory and Development Authority of India (IRDA).

Average Trading Volume: 56,884

Technical Sentiment Signal: Strong Buy

Current Market Cap: 972.5B INR

For an in-depth examination of ICICIGI stock, go to TipRanks’ Overview page.

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