NSEAction(s) taken or orders passed1h ago · 15 Oct 2026, 07:50 pm
Action(s) taken or orders passed
ICICI Prudential Life Insurance Company Limited · ICICIPRULI
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ICICI Prudential Life Insurance Company Limited has received an order from the Assistant Commissioner of Income Tax, Mumbai, for Assessment Year 2024, which rectifies an order seeking incremental interest of ₹ 40,96,103 on refund already issued and reduces the original tax demand.
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Growth Catalyst2/10
Governance Concern1/10
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Liquidity Impact6/10
Market Sentiment5/10
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ICICI Prudential Life Insurance Company Limited has informed the Exchange about Action(s) taken or orders passed
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ICICIPRULI_15102026194932_SE_Intimation.pdf
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October 15, 2026
Listing Department Listing Department
BSE Limited, National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’,
Dalal Street, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
Dear Sir/Madam,
Subject: Update on Disclosure under Regulation 30 and Regulation 51 read with Schedule
III of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
We refer to the intimation dated March 28, 2025 pertaining to receipt of an order under Section
143(3) of Income Tax Act, 1961, from the Assistant Commissioner of Income Tax, Mumbai, for
Assessment Year 2024.
In this regard, please be informed that the Company has received an order under Section 154
of Income Tax Act, 1961 from the Assistant Commissioner of Income Tax, Mumbai, for
Assessment Year 2024 on October 14, 2026 at 7.51 P.M.
The details as required under Regulation 30(13) of the SEBI Listing Regulations read with the
Industry Standards Note are enclosed herewith as Annexure A.
We further state and declare that the information and details provided in Annexure A, in
compliance with Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete
to the best of our knowledge and belief.
You are requested to take the same on records.
Thanking you,
Yours sincerely,
For ICICI Life Insurance Limited
(Formerly known as ICICI Prudential Life Insurance Company Limited)
Priya Nair
Company Secretary
ACS 17769
Encl.: As above
CC : Axis Trustee Services Limited
ANNEXURE A
Sr. Particulars Details
1. Name of the listed company ICICI Life Insurance Limited
(Formerly known as ICICI Prudential Life
Insurance Company Limited)
2. Type of communication received The Company has received a rectification
order
3. Date of receipt of October 14, 2026
communication
4. Authority from whom Assistant Commissioner of Income Tax,
communication received Mumbai (the Authority)
5. Brief summary of the material The Authority has rectified an order seeking
contents of the communication incremental interest of ₹ 40,96,103 on refund
received, including reasons for already issued and reducing original Tax
receipt of the communication d emand.
6. Period for which communication Assessment Year 2024
would be applicable, if stated
7. Expected financial implications Tax: ₹ 215,56,50,475/- (Reduced tax demand)
on the listed company, if any Interest: ₹ 63,33,27,980/- (Incremental
interest ₹ 40,96,103)
Penalty: Nil
Total: ₹ 278,89,78,455/-
No adverse material impact on the financial
operations of the Company.
8. Details of any aberrations/non- Please refer Serial No. 5 above
compliances identified by the
authority in the communication
9. Details of any penalty or Penalty: NIL
restriction or sanction imposed
pursuant to the communication
10. Action(s) taken by listed The Company has filed an appeal against the
company with respect to the said order before appropriate authority
communication
11. Any other relevant information -