ICICI Prudential Rewards Employees With 1,600 Shares As Stock Option

ICICI Prudential Rewards Employees With 1,600 Shares As Stock Option

The shares with a face value of Rs 10 each were awarded to the employees through the employee stock option scheme.

FPJ Web DeskUpdated: Thursday, August 17, 2023, 12:34 PM IST
article-image
ICICI Prudential Rewards Employees With 1,600 Shares As Stock Option | Image: ICICI (Representative)

ICICI Prudential on Thursday allotted 1,600 shares to employees as stock option, the company announced through an exchange filing. The shares with a face value of Rs 10 each were awarded to the employees through the employee stock option scheme.

ICICI Prudential on August 10, had allotted 61,150 shares to employees as stock option under the same scheme.

ICICI Prudential ESOP scheme adoption

The company in June had adopted a new ICICI Prudential Life Insurance Company Limited Employees Stock Unit Scheme 2023.The board had proposed to grant up to 1.45 crore units in one or more tranches over a period of six years from the date of approval based on the decisions of the Board Nomination and Remuneration Committee.

ICICI Prudential shares

The shares of ICICI Prudential on Thursday afternoon at 12:31 pm IST were trading at Rs 545.05, down by 0.16 per cent.

RECENT STORIES

Gujarat: Adani Builds World's First Port Road Using Steel Slag, Pioneering Green Infrastructure

Gujarat: Adani Builds World's First Port Road Using Steel Slag, Pioneering Green Infrastructure

Competition Commission Of India Directs UltraTech, Dalmia And Shree Digvijay Cements To Submit...

Competition Commission Of India Directs UltraTech, Dalmia And Shree Digvijay Cements To Submit...

Contractors Working On Maharashtra Government Projects Claim Payments Totalling ₹89,000 Crore...

Contractors Working On Maharashtra Government Projects Claim Payments Totalling ₹89,000 Crore...

Strict Action To Be Taken Against Manufacturers & Retailers Selling Sub-Standard Helmets; Centre To...

Strict Action To Be Taken Against Manufacturers & Retailers Selling Sub-Standard Helmets; Centre To...

Former Hindustan Unilever Chairman, Susim Dutta, Passes Away In Mumbai

Former Hindustan Unilever Chairman, Susim Dutta, Passes Away In Mumbai