ICICI Lombard Approves Interim Dividend of ₹7 Per Share

ICICI Lombard General Insurance Company Ltd announced an interim dividend of ₹7.0 per equity share (70% of face value) for FY2027. The Board of Directors approved this on October 14, 2026. Key dates include a record date of October 23, 2026, and a dividend payout date on or before November 12, 2026. The company will deduct Tax Deducted at Source (TDS) as per the Income-tax Act, 2025, with rates varying based on shareholder residency and PAN status. Resident shareholders will face a 10% TDS, or 20% if PAN is invalid or not provided. Certain resident shareholders, like insurance companies and government entities, may be eligible for nil or lower TDS upon providing specific documentation. Non-resident institutional shareholders will be subject to TDS under Section 210 at 20%.