ICICI Prudential Life Insurance Company Ltd
ICICI Prudential Life recommends final dividend of Rs. 1.65 per share
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 has recommended a final dividend of Rs. 1.65 per equity share for FY26. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The company will process the payment within 30 days of its official declaration. Alongside the dividend, the board also approved audited FY26 financial results and changes to statutory auditors.
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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.
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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, with a face value of Rs. 10, 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 the dividend?
The face value of ICICI Prudential Life Insurance's equity shares is Rs. 10 each for the recommended final dividend.
Has ICICI Prudential Life Insurance approved its FY26 financial results?
Yes, ICICI Prudential Life Insurance's Board approved the audited FY26 financial results with unmodified audit opinions.
Who is the new statutory auditor for ICICI Prudential Life Insurance?
Chaturvedi & Co LLP has been approved as the new statutory auditor for ICICI Prudential Life Insurance, replacing Walker Chandiok & Co LLP.
Questions based on this BSE filing only. For information purposes.