ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED

ICICI Prudential Life Insurance Company Limited Bombay S.E.

ICICIPRULI

INE726G01019

Life & Health Insurance

Market Closed - Bombay S.E. Other stock markets 06:00:49 2024-04-23 am EDT			5-day change	1st Jan Change
593.1 ^INR	+2.29%		-2.48%	+10.95%

Apr. 18	ICICI Prudential Life Insurance Board to Consider Dividend for Fiscal 2024	MT
Apr. 09	ICICI Prudential Life Insurance Company Limited Receives an Order Under Section 73 of Gujarat Goods and Services Tax Act, 2017	CI

ICICI Prudential Life Insurance : Related Party Transaction

April 16, 2022 at 09:14 am EDT

April 16, 2022
General Manager	Vice President
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: Disclosure under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

We refer to the proviso to Regulation 23(9) of the Listing Regulations, stating that high value debt listed entity' shall submit such disclosures along with its standalone financial results for the half year.

Pursuant to said proviso, please find attached the disclosure under Regulation 23(9) of the Listing Regulations, along with annual audited financial statements of the Company for the year ended on March 31, 2022.

Please be informed that disclosure shall also be filed in prescribed XBRL format, once the same is available, on the exchange portal(s).

Please take the same on records.

Thanking you.

Yours sincerely,

For ICICI Prudential Life Insurance Company Limited

Sonali Chandak

Company Secretary ACS 18108

Encl.: As above

ICICI Prudential Life Insurance Company Limited 1st and 2nd Floor, Cnergy IT Park, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025.

Regd. Office : ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. India. Visit us atwww.iciciprulife.com

Phone: +91 22 5039 1600, Fax: +91 22 2422 4484, Email:corporate@iciciprulife.com

CIN : L66010MH2000PLC127837

Details of the party (listed entity /subsidiary) entering into the transaction

Sr. No.

Details of the counterpartName

ICICI Prudential Life Insurance Company Limited

Relationship of the counterparty with the listed entity or its subsidiary

Type of related party transaction

(see Note 5)Value of the related party transaction as approved by the audit committee

NameValue of transaction during the reporting period (see Note 6b)

ICICI Prudential Life Insurance Company Limited

14 15 16 17

ICICI Prudential Life Insurance Company Limited

ICICI Bank Limited

ICICI Prudential Life Insurance Company Limited

ICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Bank LimitedICICI Securities LimitedHolding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ Promoter Holding Company/ PromoterPremium IncomeBenefits paidInformation technology cost Employees' remuneration and welfare benefitsRent rates and taxesInformation technology cost Employees' remuneration and welfare benefitsLegal and Professional Charges

ICICI Prudential Life Insurance Company Limited

ICICI Securities Limited

ICICI Prudential Life Insurance Company Limited

ICICI Securities LimitedCommission ExpensesBank ChargesTrademark Usage Fees

Purchase of investmentsSecurity DepositCash and Bank BalancesFellow subsidiaryFellow subsidiaryFellow subsidiaryPremium IncomeBenefits paidRent rates and taxes

(see Note 6a)

36,642,704,200

18,321,352,100

36,642,704,200

36,642,704,200 36,642,704,200 36,642,704,200 36,642,704,200

(1,209,115,260)

(3,096,558,668)

(8,581,865,711)

3,296,552,060

(160,077,020)

(18,890,604)

(20,215,294)

(47,676,791)

13,054,593

(4,089,685)

1,847,244

(482,889)

(911,974)

201,042

610,230

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.

Information technology cost

18 19

ICICI Prudential Life Insurance Company Limited

ICICI Securities LimitedFellow subsidiary

36,642,704,200 36,642,704,200

10,908

9,303

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Limited

20 21

ICICI Prudential Life Insurance Company Limited

ICICI Securities LimitedFellow subsidiaryFellow subsidiaryRent rates and taxes Commission Expenses

(132,541)

(69,000)

(50,067)

36,642,704,200 36,642,704,200

(370,615,120)

(42,859,000)

(58,415,218)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Limited ICICI Venture Funds Management Company Limited

Fellow subsidiary

Brokerage

(21,280,780)

(1,305,000)

(3,872,220)

NAFellow subsidiaryPremium Income Employees' remuneration and welfare benefits

36,642,704,200

36,856

(789,000)

(988,312)

NANA

23 24 25 26

ICICI Prudential Life Insurance Company Limited

ICICI Venture Funds Management Company Limited

Fellow subsidiary

36,642,704,200 36,642,704,200 36,642,704,200 36,642,704,200

60,442

298,000

51,791

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Home Finance Company Limited ICICI Home Finance Company Limited ICICI Home Finance Company Limited ICICI Home Finance Company LimitedFellow subsidiaryPremium IncomeFellow subsidiary

650,847,362

(17,274,000)

(41,705,248)

NABenefits paidFellow subsidiaryFellow subsidiaryRent rates and taxes Commission Expenses

(98,276,698)

(26,284,000)

(23,977,201)

9,868

36,642,704,200

(37,847,351)

(14,128,000)

(9,219,959)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership LimitedFellow subsidiaryPremium Income

36,642,704,200

179,561

(260,000)

(256,353)

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership LimitedFellow subsidiaryInterest income on investments

36,642,704,200

19,041,438

30,867,000

21,424,658

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership LimitedFellow subsidiaryPurchase of investments

36,642,704,200

(4,536,758,370)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership LimitedFellow subsidiarySale of investments

36,642,704,200

2,545,924,444

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership LimitedFellow subsidiaryOutstanding investments

36,642,704,200

634,725,000

260,912,345

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Securities Primary Dealership Limited ICICI Investment Management Company Limited

Fellow subsidiaryMaturity of Investment

36,642,704,200

350,000,000

NANA

NAFellow subsidiaryPremium Income

36,642,704,200

775,315

(3,000)

(12,190)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Asset Management Company Limited

Fellow subsidiaryPremium Income

36,642,704,200

69,668,184

(8,043,000)

(11,253,446)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Asset Management Company Limited

Fellow subsidiaryBenefits paid

36,642,704,200

(15,955,728)

(510,000)

(500,000)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Pension Funds Management Company LimitedSubsidiaryRent rates and taxes

36,642,704,200

1,976,983

874,000

1,209,680

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Life Insurance Company Limited Superannuation Scheme

Entities over which control is exercisedContribution to trust

36,642,704,200

(5,527,457)

NANA

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Life Insurance Company Limited Employees' Provident Fund

ICICI Prudential Life Insurance Company Limited

ICICI Foundation for Inclusive Growth

ICICI Prudential Life Insurance Company Limited

ICICI Foundation for Inclusive Growth

ICICI Prudential Life Insurance Company LimitedN.S.Kannan

ICICI Prudential Life Insurance Company Limited

Souvik Jash

ICICI Prudential Life Insurance Company LimitedRaghunathan Narayanan

ICICI Prudential Life Insurance Company LimitedRangarajan NarayananEntities over which control is exercised Entities controlled by holding company Entities controlled by holding company Key management personnel Key management personnel Key management personnel Key management personnel Relatives of key management personnel Relatives of key management personnelContribution to trust

36,642,704,200

(110,773,522)

(58,153,000)

(49,027,958)

NANA

NAPremium Income

36,642,704,200

18,631,010

(34,000)

(77,128)

NANA

NAContribution for CSR activity

36,642,704,200

(39,015,762)

NANA

NAPremium Income

36,642,704,200

25,000

NANA

NAManagerial Remuneration

36,642,704,200

(26,850,503)

NANA

NAESOP Outstanding (Nos)

36,642,704,200

1,462,200

2,183,500

NANA

NAManagerial Remuneration

36,642,704,200

10,453,188

NANA

NAPremium Income

36,642,704,200

100,000

NANA

NAPremium Income

36,642,704,200

100,000

NANA

ICICI Prudential Pension Funds Management Company LimitedICICI Bank LimitedUltimate holding company

Cash and Bank Balances

4,575,199

1,038,968

NANA

Total (of Note 6b)

(11,596,147,445)

Notes:

1. The details in this format are required to be provided for all transactions undertaken during the reporting period. However, opening and closing balances, including commitments, to be disclosed for existing related party transactions even if there is no new related party transaction during the reporting period.
2. Where a transaction is undertaken between members of the consolidated entity (between the listed entity and its subsidiary or between subsidiaries), it may be reported once.
3. Listed banks shall not be required to provide the disclosures with respect to related party transactions involving loans, inter-corporate deposits, advances or investments made or given by the listed banks.
4. For companies with financial year ending March 31, this information has to be provided for six months ended September 30 and six months ended March 31. Companies with financial years ending in other months, the six months period shall apply accordingl
5. Each type of related party transaction (for e.g. sale of goods/services, purchase of goods/services or whether it involves a loan, inter-corporate deposit, advance or investment) with a single party shall be disclosed separately and there should be no clubbing or netting of transactions of same type. However, transactions with the same
6. In case of a multi-year related party transaction:

a. The aggregate value of such related party transaction as approved by the audit committee shall be disclosed in the column "Value of the related party transaction as approved by the audit committee".
b. The value of the related party transaction undertaken in the reporting period shall be reported in the column "Value of related party transaction during the reporting period".

7. "Cost" refers to the cost of borrowed funds for the listed entity.
8. PAN will not be displayed on the website of the Stock Exchange(s).
9. Transactions such as acceptance of fixed deposits by banks/NBFCs, undertaken with related parties, at the terms uniformly applicable /offered to all shareholders/ public shall also be reported.

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CICI Prudential Life Insurance Company Ltd. published this content on 16 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2022 13:13:01 UTC.

Latest news about ICICI Prudential Life Insurance Company Limited

ICICI Prudential Life Insurance Board to Consider Dividend for Fiscal 2024	Apr. 18	MT
ICICI Prudential Life Insurance Company Limited Receives an Order Under Section 73 of Gujarat Goods and Services Tax Act, 2017	Apr. 09	CI
ICICI Prudential Life Insurance Company Limited Receives an Order Under Section 73 and 50 of Telangana Goods and Services Tax Act, 2017 from Additional Commissioner, Office of the Principal Commissioner of Central Tax, Hyderabad GST Commissionerate, Telangana State	Apr. 07	CI
ICICI Prudential Life Insurance Company Limited Receives an Order Under Section 73 and 50 of Tamil Nadu Goods and Services Tax Act, 2017 from Additional Commissioner, Tamil Nadu	Mar. 22	CI
ICICI Prudential Life Insurance Company Limited Announces Board Changes	Mar. 15	CI
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India's ICICI Prudential sinks 10% as new business margins slide	Jan. 17	RE
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Nomura Adjusts ICICI Prudential Life Insurance's Price Target to INR640 From INR670, Keeps at Buy	23-10-19	MT
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Company Profile

ICICI Prudential Life Insurance Company Limited is engaged in carrying on the business of providing life insurance, pensions and health insurance products to individuals and groups. The Companyâs segments include Par Life, Par Pension, Non-Par Life, Non-Par Pension, Non-Par Variable, Non-Par Variable Pension, Annuity Non-Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, and Linked Group Pension. Its non-linked insurance savings plans include ICICI Guaranteed Income for Tomorrow, ICICI Pru Lakshya, ICICI Pru Future Perfect, ICICI Pru Cash Advantage, ICICI Pru Anmol Bachat and ICICI Pru Savings Suraksha. Its protection plans include ICICI Pru iProtect Smart, ICICI Pru Heart/Cancer Protect and ICICI Pru Precious Life. Its Unit-Linked Insurance Plans include ICICI Pru Signature, ICICI Pru LifeTime Classic, ICICI Pru Smart Life and ICICI Pru1 Wealth. It also offers group term plan, such as ICICI Pru Group Term Plus and ICICI Pru Super Protect-Credit.

Sector

Life & Health Insurance

Calendar

2024-04-22 - Q4 2024 Earnings Release

Related indices

NIFTY 100

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Ratings for ICICI Prudential Life Insurance Company Limited

Trading Rating

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

580.3 INR

Average target price

622 INR

Spread / Average Target

+7.19%

Consensus

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Quarterly earnings - Rate of surprise

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Life Insurance

ICICI Prudential Life Insurance Company Limited Bombay S.E.

Equities

ICICIPRULI

INE726G01019

Life & Health Insurance

ICICI Prudential Life Insurance : Related Party Transaction

EPS Revisions