NSEGeneral Updates25 Jun 2026 · 25 Jun 2026, 03:56 pm

General Updates

ICICI Lombard General Insurance Company Limited · ICICIGI

✦ AI Summary▼ NegativeRegulatory

ICICI Lombard General Insurance Company Limited has received an Order from Additional Commissioner, State Tax (Appeal), Large Taxpayers Unit confirming a GST demand of ₹ 10,35,666/-, interest of ₹ 8,87,282/- and penalty of ₹ 1,03,566/- for the period April 2019 to March 2020. The Company will pursue an appeal or evaluate other legal options.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10

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ICICI Lombard General Insurance Company Limited has informed the Exchange about General Updates

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ICICIGI_25062026155346_SE_Intimation_WB_Appeal_Order_FY2019-20.pdf

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June 25, 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 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We refer to our intimation dated August 8, 2024, wherein the Company had informed the stock exchanges regarding receipt of an Order from the Office of the Special Commissioner, Large Taxpayers’ Unit, 14, Beliaghata Road, Kolkata-15, raising a GST demand of ₹ 10,35,666/-, interest of ₹ 8,87,282/- and penalty of ₹ 1,03,566/- under Section 73 of the Central Goods and Services Tax Act, 2017 (“the Act”) for the period April 2019 to March 2020. Subsequently, the Company filed an appeal against the said Order. In this regard, please note that the Company has received an Order from Additional Commissioner, State Tax (Appeal), Large Taxpayers Unit on June 24, 2026 at 4:13 p.m. confirming the GST demand of ₹ 10,35,666/-, interest of ₹ 8,87,282/- and penalty of ₹ 1,03,566/-. The Company would pursue an appeal / evaluate any other legal options against the said Order including filing of writ petition. The requisite details of the said Order are enclosed herewith as an Annexure 1. We further state and declare that the information and details provided in Annexure 1, 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. 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. The above information will also be made available on the Company's website at www.icicilombard.com. 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 Sr. Particulars Details 1. Name of the listed company ICICI Lombard General Insurance Company Limited 2. Type of communication Order received by the Company under received Section 107 of the WBGST Act, 2017 read with Rule 108 of the WBGST Rules, 2017. 3. Date of receipt of June 24, 2026 communication 4. Authority from whom Additional Commissioner, State Tax (Appeal), communication received Large Taxpayers Unit 5. Brief summary of the material Order has confirmed demand on computation contents of the communication of input tax credit eligible to the Company. received, including reasons for receipt of the communication 6. Period for which April 2019 to March 2020. communication would be applicable, if stated 7. Expected financial implications No impact at this stage, as total demand as on the listed company, if any per order including Interest and Penalty amount is already forming part of contingent liability. 8. Details of any aberrations/ Refer sr. no. 5 above non-compliances identified by the authority in the communication 9. Details of any penalty or Order has confirmed the Penalty of restriction or sanction imposed ₹ 1,03,566/- levied on the Company. pursuant to the communication 10. Action(s) taken by listed The Company would pursue an appeal / company with respect to the evaluate any other legal options against the communication said Order including filing of writ petition. 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.