ICICI Lombard Recommends ₹7 Dividend; Sets AGM for June 19, 2026
ICICI Lombard recommended a final dividend of ₹7 per equity share. The AGM to approve this dividend is scheduled for June 19, 2026. The record date is May 29, 2026, with dividend payout by July 3, 2026. Shareholders must submit tax documents by June 2, 2026.
The dividend recommendation and associated tax information are material for shareholders, impacting their net dividend received and requiring specific actions.
The announcement is positive as it recommends a dividend payment to shareholders.
ICICI Lombard General Insurance Company Limited announced that its Board of Directors, in a meeting held on April 15, 2026, recommended a final dividend of ₹7 per equity share (70%) with a face value of ₹10 each. This recommendation is subject to the approval of the company's members at the upcoming Annual General Meeting (AGM).
The company has also informed shareholders about the process and documentation required for claiming tax exemption or withholding tax on this final dividend for FY2026. An email communication detailing this was sent to shareholders on May 15, 2026.
The key dates related to this dividend distribution are: the AGM is scheduled for Friday, June 19, 2026; the record date for determining eligibility for the dividend is Friday, May 29, 2026; the dividend payout is expected on or before Friday, July 3, 2026; and the last date for submitting tax-related documents is Tuesday, June 2, 2026.
The announcement further elaborates on the Tax Deduction at Source (TDS) provisions applicable to both resident and non-resident shareholders, outlining the rates, required documents, and conditions for nil or lower TDS. Shareholders are advised to submit necessary documentation to KFin Technologies Limited or their Depository Participants by June 2, 2026, to ensure correct TDS application. The company will rely on the information available as of the record date for TDS determination.
What to do with a filing like this
ICICI Lombard General Insurance Company Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by ICICI Lombard General Insurance Company Limited. Read the original for the full detail.