A large-cap company whose market valuation 61,621.43 Crore, ICICI Lombard General Insurance Company Limited operates in the financial services industry. One of the top private general insurance providers in India, ICICI Lombard General Insurance Company Limited offers coverage for a wide range of insurance including automobile, health, travel, business, crop and cyber. Company’s Board of Directors. recommended dividend at the rate of with a face value of 5.0 per equity share 10 for the financial year ended March 31, 2022, and the company has declared a record date for the same.
In its file submitted to BSE, the company has mentioned that “The company has fixed Friday, July 29, 2022 as the ‘record date’ so that the members will receive the final dividend for the financial year ended March 31, 2022.” at the rate of final dividend for the financial year ended 31st March, 2022, if approved, at the AGM 5.0 per equity share of face value 10 each as recommended by the Board of Directors, if approved in this meeting, shall be paid to the members who hold shares in dematerialized mode on the basis of beneficial ownership details received from National Securities Depository Limited (NSDL) and Central Depository. Huh. Services (India) Limited (CDSL) as of Friday, the 29th July, 2022; in physical mode, if their names appear in the Register of Members of the Company after giving effect to valid transmission or transposition requests entered with the Company on Friday, the 29th July, 2022.”
Shares of ICICI Lombard General Insurance closed today 1,251 level, up 0.024% from its previous close 1250.70. The stock is down 17.78 percent over the last year, and on a YTD basis, it’s down 11.26 percent so far in 2022. At the current market price, the stock is trading above 20-day, 50-day and 100-day. Moving average but less than 5 days and 200-day moving average.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.