News ArticleICICI Life Insurance Allots 2,520 Equity Shares under Employee Stock Unit Scheme on November 4, 2026
Shares allotted under 2023 employee plan will rank pari-passu with existing shares, approved at 19:10 IST on the allotment date
ICICI Life Insurance Limited announced the allotment of 2,520 equity shares of ₹10 each under its 2023 Employee Stock Unit Scheme on November 4, 2026. These shares rank equally with existing equity shares, reinforcing employee ownership without altering shareholder equity structure.
ICICI Life Insurance Limited
Corporate Action
ICICI Life Insurance Limited allotted 2,520 equity shares of ₹10 each under its Employee Stock Unit Scheme (2023) on November 4, 2026, with shares ranking equally with existing equity.
The allotment occurred on November 4, 2026, at 19:10 IST as approved by the company's authorities.
These shares were allotted specifically under the ESUS 2023, a scheme aimed at employee share ownership.
The new shares hold the same rights and status as the existing equity shares of the company.
Details of the allotment are publicly accessible on the company's official website.
Highlights
- Total of 2,520 equity shares allotted under ESUS 2023.
- Each share has a face value of ₹10.
- Allotted shares rank pari-passu with existing shares.
- Allotment approved and executed on November 4, 2026 at 19:10 IST.
- Public disclosure made through company website and official filings.
Key Data Snapshot
What happened
- ICICI Life Insurance allotted 2,520 equity shares under its Employee Stock Unit Scheme (2023) on November 4, 2026.
- The allotment was approved at 19:10 IST on the same day.
Key details
- Shares have a face value of ₹10 each.
- Allotted shares rank equally (pari-passu) with existing equity shares.
- The allotment corresponds to an employee stock ownership scheme introduced in 2023.
Regulatory and governance context
- Intimation of the allotment was made to BSE and NSE stock exchanges.
- Disclosure is available on the company's official website.
- The allotment follows compliance requirements under applicable securities regulations.
Highlights
- Total of 2,520 equity shares allotted under ESUS 2023.
- Each share has a face value of ₹10.
- Allotted shares rank pari-passu with existing shares.
- Allotment approved and executed on November 4, 2026 at 19:10 IST.
- Public disclosure made through company website and official filings.
Disclosures
- Listing agreement requirements for share allotment disclosure
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