NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company14 Jul 2026 · 14 Jul 2026, 09:00 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

ICICI Lombard General Insurance Company Limited · ICICIGI

✦ AI Summary▼ NegativeLitigation

ICICI Lombard General Insurance Company Limited has informed the Exchange about an Arbitration Award passed by the Arbitral Tribunal allowing the claim of the Insured against the Company, resulting in a payment of ₹ 776.73 million, plus interest.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern5/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact2/10
Market Sentiment4/10

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Full Announcement

ICICI Lombard General Insurance Company Limited has informed the Exchange about Update on litigation- Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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ICICIGI_14072026205854_SE_Intimation_Update_on_litigation_Roadways.pdf

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July 14, 2026 The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1 Dalal Street G Block, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip code: Equity (BSE: 540716/ NSE: ICICIGI); Dear Sir/Madam, Subject: Update on litigation- Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is in furtherance to our letter dated August 14, 2023, wherein the Company had informed the stock exchanges about the details of pending litigations/disputes. In this regard, please note that the Company has received an Arbitration Award passed by Arbitral Tribunal through its legal counsel on July 13, 2026 at 9:13 p.m. The Arbitration Award allowed the claim made by the Insured against the Company in relation to dispute between the parties. The requisite details in relation to the said Arbitration Award are enclosed herewith as an Annexure 1. We further state and declare that the information and details provided in Annexure 2, in compliance with Regulation 30(13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the Industry Standards Note on Regulation 30 are true, correct and complete to the best of our knowledge and belief. The above information will also be made available on the Company's website at www.icicilombard.com. ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. You are requested to kindly take the same on your records. Thanking you. Yours Sincerely, For ICICI Lombard General Insurance Company Limited Vikas Mehra Company Secretary Encl. As above ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. Annexure 1 Particulars Details The details of any change in the Brief Facts of the Case status and/or any development in relation to such proceedings Name: M/s. Roadway Solutions Narayanpur Roads Project Pvt. Limited (Insured) Tribunal: Arbitral Tribunal Facts - The insured had obtained a total of Six (6) insurance policies from Bharti AXA General Insurance Company Limited (Bharti AXA/Insurer), whose business was acquired by the Company in September 2021. In September 2021, the Insured invoked arbitration proceedings against the Insurer disputing the quantum of claim paid by erstwhile Bharti AXA. The aggregate claim amount under dispute was approximately ₹ 892.54 million. Update: The Arbitral Tribunal has passed an Arbitration Award to pay the Insured an amount of ₹ 776.73 million, plus interest at the rate of 7.5% p.a. from the date of filling of Statement of Claim until the date of payment. The Company is evaluating available legal remedies and shall take necessary steps accordingly. In the case of litigation against key Not applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. In the event of settlement of the Not Applicable proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity. ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. Annexure 2 Sr. Particulars Details 1. Name of the listed company ICICI Lombard General Insurance Company Limited 2. Type of communication Certified Copy of the Arbitration Award received passed by the Arbitral Tribunal allowing the claim of the Insured against the Company. 3. Date of receipt of July 13, 2026 communication 4. Authority from whom Arbitral Tribunal communication received 5. Brief summary of the material The Arbitral Tribunal has passed an contents of the communication Arbitration Award to pay the Insured an received, including reasons for amount of ₹ 776.73 million, plus interest at the receipt of the communication rate of 7.5% p.a. from the date of filling of Statement of Claim until the date of payment. 6. Period for which The dispute pertains to insurance policies communication would be issued during the period from September 2018 applicable, if stated to September 2020. 7. Expected financial implications As of now, there is no material financial impact on the listed company, if any on the Company. 8. Details of any aberrations/ None non-compliances identified by the authority in the communication 9. Details of any penalty or None restriction or sanction imposed pursuant to the communication 10. Action(s) taken by listed The Company is evaluating available legal company with respect to the remedies and shall take necessary steps communication accordingly. 11. Any other relevant information - ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064.