ICICI Prudential Allots 14,000 Equity Shares To Workforce Through ESOPs

ICICI Prudential announced its employee stock option plan (ESOP) allotting a total of 14,000 equity shares to its workforce on 13 July 2023. The equity shares will hold a face value of Rs 10 each, providing the employees a chance for growth and success.

The recently announced ESOP programme shows the financial institutions' recognition and appreciation towards the employees. The institution aims at strengthening the employer-employee relationship by sharing ownership.

On 13 July 2023, ICICI Prudential held its well-performing shares at Rs 601.75, signifying an increase of 0.78 per cent. The upgrade shows the confidence of the market in the company enhancing the value of the ESOP shares allotted to the workforce.

This move highlights the commitment of the company towards employee recognition and trust in its workforce.