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Company Profile

ICICI LOMBARD GENERAL INSURANCE COMPANY LTD.

NSE : ICICIGIBSE : 540716ISIN CODE : INE765G01017Industry : InsuranceHouse : ICICI
BSE1696.755.15 (+0.3 % )
PREV CLOSE (Rs.) 1691.60
OPEN PRICE (Rs.) 1697.00
BID PRICE (QTY) 1695.30 (1 )
OFFER PRICE (QTY) 1697.00 (50 )
VOLUME 2854
TODAY'S LOW / HIGH (Rs.)1674.05 1702.65
52 WK LOW / HIGH (Rs.)1058.85 1747.4
NSE1696.20 3.55 (+0.21 % )
PREV CLOSE(Rs.) 1692.65
OPEN PRICE (Rs.) 1692.65
BID PRICE (QTY) 1696.20 (1 )
OFFER PRICE (QTY) 1697.10 (4 )
VOLUME 413720
TODAY'S LOW / HIGH(Rs.) 1674.30 1703.40
52 WK LOW / HIGH (Rs.)1058.65 1747

Company News

Date Heading Details
18-Apr-2024 ICICI Lombard General Insurance Company informs about disclosure <p style="text-align: justify;">Pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022, ICICI Lombard General Insurance Company has informed that it enclosed details as per Annexure 1 of the above referred circular in respect of following unsecured non-convertible debentures of the Company together with the financial results for the quarter and financial year ended March 31, 2024: 350 unsecured, subordinated, fully paid-up, listed, fully redeemable non-convertible debentures having a face value of 1,000,000 each aggregating to Rs 350,000,000 (bearing a coupon rate of 10.50%) and listed on the debt segment of National Stock Exchange of India. The above disclosure will be available on the website of the Company at www.icicilombard.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
18-Apr-2024 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Allotment of 20,802 equity shares under ICICI Lombard-Employees Stock Option Scheme- 2005 on April 18, 2024
10-Apr-2024 Lupin, Lemon Tree Hotels and Exide Industries to see some action today <p style="text-align: justify;"><span style="font-weight: bold;">Lupin </span>has launched first generic version of Oracea (Doxycycline Capsules, 40 mg), in the United States, after having received an approval from the United States Food and Drug Administration (U.S. FDA). Doxycycline Capsules, 40 mg is indicated for the treatment of only inflammatory lesions (papules and pustules) of rosacea in adult patients.</p><p style="text-align: justify;"><span style="font-weight: bold;">Lemon Tree Hotels</span> has forayed into the stunning country of Nepal with the opening of Lemon Tree Premier, Budhanilkantha, Kathmandu. This marks not just the entry of Lemon Tree Hotels in to Nepal, but alos marks the milestone of Lemon Tree's inventory crossing 10,000 rooms. This first property in the land of Mount Everest is a stylish, contemporary hotel with 102 well-appointed rooms and suites, Citrus Cafe – a multicuisine coffee shop, Republic of Noodles – an award-winning Asian restaurant, Slounge – a hip recreation bar and a tea lounge.</p><p style="text-align: justify;"><span style="font-weight: bold;">Exide Industries</span> has entered into an agreement for acquiring 26% equity stake in Clean Max Arcadia, a Special Purpose Vehicle (SPV) promoted and incorporated by Clean Max Enviro Energy Solutions for generation and supply of solar power. The objective of the investment in the SPV is to promote renewable energy on long term basis by qualifying as a captive consumer for solar capacity of 14.85 MWp for our factory situated in Bawal in the state of Haryana.</p><p style="text-align: justify;"><span style="font-weight: bold;">ICICI Lombard General Insurance Company </span>has entered into a partnership with Policybazaar, India's biggest insurance platform. The strategic partnership brings together the comprehensive product portfolio of ICICI Lombard and wide reach of Policybazaar, promising accessible insurance solutions for Indian consumers.&nbsp;</p><p style="text-align: justify;"><span style="font-weight: bold;">Electronics Mart India </span>has commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS' on April 9, 2024 at Gajwel, Siddipet District, Telangana. The area of the store is around 6,786 Square feet.</p><p style="text-align: justify;"><span style="font-weight: bold;">Emerald Finance</span> has partnered with Oktober6 Insight of Mumbai to offer its Early-Wage-Access program to the employees of the Company. This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.</p><p style="text-align: justify;"><span style="font-weight: bold;">Avenue Supermarts </span>has opened a new store at Vaishnavi Sapphire Mall, Bengaluru (Karnataka) on April 9, 2024. The total number of stores as on date stands at 366. Earlier, the company had opened a new store at Talegaon, Pune (Maharashtra).</p>
09-Apr-2024 ICICI Lombard General Insurance Company partners with Policybazaar <p style="text-align: justify;">ICICI Lombard General Insurance Company has entered into a partnership with Policybazaar, India's biggest insurance platform. The strategic partnership brings together the comprehensive product portfolio of ICICI Lombard and wide reach of Policybazaar, promising accessible insurance solutions for Indian consumers.&nbsp;</p><p style="text-align: justify;">The collaboration encompasses access to nearly 10 million customers with a wide range of insurance products, including motor insurance, health insurance, travel insurance, home insurance, and business insurance. The partnership entails inclusion across multiple business lines of the Policybazaar platform, policybazaar.com catering to retail audiences, PB for Business for corporates and PB Partners for channel partners.&nbsp;</p><p style="text-align: justify;">The partnership will significantly enhance insurance distribution ensuring comprehensive coverage reaches every corner of the nation through the convenience of a seamless digital platform.</p><p style="text-align: justify;">ICICI Lombard General Insurance Company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.</p><div style="text-align: justify;"><br></div>
09-Apr-2024 ICICI Lombard General Insurance Company informs about press release <p style="text-align: justify;">Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ICICI Lombard General Insurance Company has informed that it enclosed a copy of Press Release titled ‘ICICI Lombard enters into a Strategic Partnership with Policybazaar'. The above information will also be made available on the Company's website at www.icicilombard.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
23-Mar-2024 ICICI Lombard General Insurance Company informs about disclosure <p style="text-align: justify;">ICICI Lombard General Insurance Company has informed that on March 22, 2024 at 12:56 pm, the Company has received an Order from the State Tax Officer, Ghatak 5 (Ahmedabad), Range-2, Division-1, Gujarat raising a GST demand of ? 71,85,191, interest of ? 72,21,117 and levying penalty of ? 7,27,714. The Company will be filing an appeal against the said Order. The details of the said Order as required under Clause 20 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated July 13, 2023 are enclosed as an Annexure 1. The above information will also be made available on the Company's website at www.icicilombard.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
14-Mar-2024 ICICI Lombard General Insurance Company informs about investors meet <p style="text-align: justify;">In continuation to letter dated February 29, 2024, wherein the Company had provided an advance intimation regarding the analyst(s)/institutional investor(s) meet to be held on March 13, 2024, ICICI Lombard General Insurance Company has informed that it enclosed the schedule of analyst(s) / institutional investor(s) meeting held on March 13, 2024 where management personnel of the Company met them and shared information which is already available in public domain. The above disclosure will be available on the website of the Company at https://www.icicilombard.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.&nbsp;</p>
13-Mar-2024 ICICI Lombard General Insurance Company informs about analyst meet <div style="text-align: justify;">In continuation to the letter dated February 29 2024, wherein the Company had provided an advance intimation regarding the analyst(s)/institutional investor(s) meet to be held on March 12, 2024; ICICI Lombard General Insurance Company has enclosed the schedule of analyst(s)/ institutional investor(s) meeting held on March 12, 2024 where the management personnel of the Company met them and shared information which is already available in public domain. The above disclosure will be available on the website of the Company at https://www.icicilombard.com</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
12-Mar-2024 ICICI Lombard General Insurance Company informs about allotment of equity shares under ESOS <div style="text-align: justify;">ICICI Lombard General Insurance Company has informed that the Company has allotted 19,728 (Equity Shares of ? 10) each on March 11, 2024 to the eligible option holder(s) who had exercised the stock options under ICICI Lombard Employees Stock Option Scheme-2005. The above allotment has been approved by the Whole-time Director of the Company on March 11, 2024 at 08:47 pm. pursuant to the authority delegated by the Board of Directors of the Company at their Meeting held on July 18, 2023. The said equity shares shall rank with the existing equity shares of the Company in all respect. The above information will be available on the website of the Company at https://www.icicilombard.com.</div><div style="text-align: justify;"><br></div><div>The above information is a part of company's filings submitted to BSE.&nbsp;</div>
02-Mar-2024 ICICI Lombard General Insurance Company informs about credit rating <p style="text-align: justify;">Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ICICI Lombard General Insurance Company has informed that the AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+' (Good) of the Company. Concurrently, AM Best has assigned the India National Scale Rating of aaa.IN (Exceptional) to the Company. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect the Company's balance sheet strength, which AM Best assesses as very strong, as well as strong operating performance, neutral business profile and appropriate enterprise risk management. The copy of the press release issued by AM Best as received by the Company on March 1, 2024 at 07:57 pm enclosed. The above disclosure will also be available on the Company's website at www.icicilombard.com.&nbsp;</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>