ICICI Prudential Life Insurance Company Ltd
Recommendation of final dividend of Rs. 1.65 per equity share of face value of Rs. 10 each, subject to the approval of the shareholders of the Company.
DIVIDEND
● No Immediate Change
LOW RISK
📅 Filed on BSE: 14 Apr 2026, 02:59 PM IST · BSE ID: f5e0d2d7-4c5f-4490-be4e-0b0845e59c58
View Original BSE Filing (PDF)
⚡ Quick Answer
ICICI Prudential Life Insurance announced a recommended final dividend of Rs. 1.65 per equity share for FY26. This payment is subject to shareholder approval at the upcoming AGM and will be disbursed within 30 days of its declaration. The company also approved its audited FY26 financial results and other corporate actions like stock option grants.
💡
In Simple Terms
The company's Board approved paying shareholders Rs. 1.65 for each share they own, pending shareholder vote at the annual meeting.
🤖 AI Summary
- Board recommends final dividend of Rs. 1.65 per equity share, subject to shareholder AGM approval
- Dividend payment within 30 days of declaration at ensuing AGM; shareholders vote to confirm
- Audited FY26 results approved standalone and consolidated with unmodified audit opinions
- Statutory auditor change: Walker Chandiok & Co LLP retiring after ten years, Chaturvedi & Co LLP appointed for four years
- Employee stock grants approved: 3.4 million options at Rs. 547.00 per option, 0.5 million units at Rs. 10 per unit
🔢 Key Numbers — exact figures from BSE filing, not rounded
Final dividend per equity share
Rs. 1.65 per share (face value Rs. 10)
Dividend payment timeline
Within 30 days from AGM declaration
Employee stock options granted
Up to 3.4 million options at Rs. 547.00 per option
Employee stock units granted
Up to 0.5 million units at Rs. 10 per unit
Statutory auditor tenure completed
Walker Chandiok & Co LLP — 10 years
New auditor appointment period
Chaturvedi & Co LLP — 4 consecutive years (26th to 30th AGM)
🏢 How This Affects the Company
Final dividend of Rs. 1.65 per equity share will reduce cash reserves upon declaration and payment. This represents capital return to shareholders and affects cash flow management.
Auditor rotation completed — Walker Chandiok & Co LLP retiring after ten-year tenure, Chaturvedi & Co LLP appointment ensures continuity. Employee stock grants of 3.4 million options and 0.5 million units deployed for retention.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must vote on final dividend approval at the ensuing Annual General Meeting; no action before that.
👤
Who Is Affected
All equity shareholders as on the record date (not yet announced) will be eligible to receive Rs. 1.65 per share held. Record date determination will follow AGM approval.
🔍
Management Signal
Management affirms capital returns to shareholders via dividend, signaling earnings confidence and operational cash generation stability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM outcome on dividend approval and record date announcement with ex-date clarity
Dividend payment completion within 30 days of AGM declaration confirmation
Auditor transition: Chaturvedi & Co LLP appointment ratification at ensuing 26th AGM
LOW RISK
Routine dividend recommendation with standard AGM approval process. Auditor change follows normal statutory rotation after ten-year tenure completion.
💡 Investor Takeaway
ICICI Prudential Life's Board approved Rs. 1.65 per share final dividend for FY26, requiring shareholder approval at AGM. Audited results carry unmodified audit opinion. Dividend payment timeline: within 30 days of AGM declaration.
⚖️ Strengths & Concerns
✅ Positives
- Unmodified audit opinions from both joint statutory auditors confirm clean financial statement certification
- Dividend payout signals management confidence in earnings quality and cash generation during FY26
❓ Frequently Asked Questions
What is the recommended final dividend per share by ICICI Prudential Life Insurance for FY26?
ICICI Prudential Life Insurance recommended a final dividend of Rs. 1.65 per equity share for FY26.
When will the final dividend of ICICI Prudential Life Insurance be paid?
The final dividend will be paid within 30 days of its declaration at the Annual General Meeting.
What is the face value of ICICI Prudential Life Insurance's equity shares for dividend calculation?
The face value of ICICI Prudential Life Insurance's equity shares is Rs. 10 each for the dividend payout.
What other key decisions were made by ICICI Prudential Life Insurance's board?
The board approved audited FY26 financial results, a change in statutory auditors, and grants of 3.4 million employee stock options and 0.5 million employee stock units.
Questions based on this BSE filing only. For information purposes.