The insurer stated that the figures shared are in draft form and are still subject to change as the audit process for the period is still ongoing. “While this information is in draft form and subject to change during the ongoing audit, the company is reporting this incident to the stock exchanges as a precaution and in accordance with good corporate governance practices,” ICICI Lombard said in a statement.ICICI Lombard cautioned investors, saying that information relating to financial results should not be relied upon unless formally disclosed after approval by the board of directors. However, it did not disclose the nature or extent of the draft figures shared, nor did it indicate whether the information was viewed by others before it was removed.
In recent days, such revelations have raised concerns about internal controls and the protection of unpublished price-sensitive information (UPSI), amid the widespread use of informal messaging platforms.
The incident follows a similar revelation by Hatsun Agro Product earlier this month. The dairy maker had informed the stock exchanges that draft, unaudited financial information for the December quarter was inadvertently shared by one of its key executives via a personal WhatsApp status.
According to Hatsun Agro’s regulatory filings, the director had uploaded an “early draft” of the company’s unaudited financial statements for the quarter ended December 2025 on Jan. 4 around 5 p.m. The company said the draft numbers were intended for internal distribution within the accounting department but were accidentally posted publicly on WhatsApp status. Hatsun Agro disclosed that the status update was viewed by approximately 19 people from the director’s contact list, including a few insiders, before it was deleted within the company. one hour. The company emphasized that the figures shared were subject to change as the limited review process was still ongoing.
Under securities regulations, companies are required to ensure that unpublished price-sensitive information is disseminated fairly and uniformly, usually through stock exchange filings. Any selective or inadvertent disclosure, even if unintentional, could attract the attention of regulators.
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