BSECompany Update7 Oct 2026 · 7 Oct 2026, 10:47 am

Update on Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

ICICI Lombard General Insurance Company Ltd · 540716

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ICICI Lombard General Insurance Company Ltd has received an order from the Joint Commissioner (Appeals-I), Hyderabad confirming a GST demand of ₹ 2,41,82,080, interest of ₹ 1,47,485, and a penalty of ₹ 2,64,01,686 for the period July 2017 to March 2018. The company will pursue an appeal and evaluate other legal options.

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Governance Concern0/10
Regulatory Risk8/10
Balance Sheet Risk0/10
Liquidity Impact1/10
Market Sentiment1/10

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ICICI Lombard General Insurance Company Ltd - 540716 - Update On Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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October 7, 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 This is with reference to our letter dated November 22, 2024, wherein the Company had informed the stock exchanges regarding receipt of an Order from the Assistant Commissioner of Central Tax, Ameerpet GST Division, Hyderabad GST Commissionerate at Hyderabad Branch, raising a GST demand of ₹ 2,41,82,080/-, Interest of ₹ 1,47,485/- and levying Penalty of ₹ 2,64,01,686/- for the period July 2017 to March 2018 under Section 74 of the Central Goods and Services Tax Act, 2017 (“the Act”). Subesquently, the Company had filed an appeal against the said Order. In this regard, please note that the Company has received an Order from the Joint Commissioner (Appeals-I), Hyderabad on October 6, 2026 at 11:15 a.m., confirming the GST demand of ₹ 2,41,82,080/-, Interest of ₹ 1,47,485/- and levying Penalty of ₹ 2,64,01,686/-. The Company would pursue an appeal / evaluate any other legal options including filing of writ petition. The requisite details of the aforesaid Order are enclosed herewith as 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. 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 Sr. Particulars Details 1. Name of the listed company ICICI Lombard General Insurance Company Limited 2. Type of communication received Order received by the Company under Section 107 of the Central Goods and Services Tax Act, 2017 /Telangana Goods and Services Tax Act, 2017 3. Date of receipt of communication October 6, 2026 4. Authority from whom Joint Commissioner (Appeals-I), communication received Hyderabad 5. Brief summary of the material Order has confimed demand primarily on contents of the communication following grounds: received, including reasons for 1. Computation of input tax credit eligible receipt of the communication to the Company 2. Undischarged interest liability related to alleged delayed payment of tax by the Company 3. Alleged undischarged tax liability due to differences between returns filed by the Company 6. Period for which communication July 2017 to March 2018 would be applicable, if stated 7. Expected financial implications on No impact at this stage, as total demand the listed company, if any as per order including Interest and Penalty amount is already forming part of contingent liability. 8. Details of any aberrations/ non- Refer Sr. No. 5 above compliances identified by the authority in the communication 9. Details of any penalty or restriction Penalty of ₹ 2,64,01,686/- or sanction imposed pursuant to the communication 10. Action(s) taken by listed company The Company would pursue an appeal / with respect to the communication evaluate any other legal options 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.