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ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ) has shared an update.
ICICI Lombard General Insurance Company Limited announced the allotment of 55,851 equity shares under its employee stock option and stock unit schemes. This move, approved by a Whole-time Director, reflects the company’s commitment to rewarding and incentivizing its employees, potentially enhancing employee satisfaction and retention. The newly allotted shares will hold the same rights as existing shares, indicating a seamless integration into the company’s equity structure.
More about ICICI Lombard General Insurance Co. Ltd.
ICICI Lombard General Insurance Company Limited operates in the insurance industry, offering a range of general insurance products and services. The company focuses on providing insurance solutions such as health, motor, travel, and home insurance to individuals and businesses, positioning itself as a key player in the Indian insurance market.
Average Trading Volume: 59,347
Technical Sentiment Signal: Strong Buy
Current Market Cap: 997.8B INR
Learn more about ICICIGI stock on TipRanks’ Stock Analysis page.