ICICIBANKBSEICICI Bank LtdLowNeutral
Announced Tue, 5 May · 14:17 IST

Allotment of 1,083,096 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Option Scheme 2000.

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ICICIBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1269.00
prior close
₹1252.70
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AI summary

ICICI Bank has allotted 1,083,096 equity shares of face value Rs.2 each on May 5, 2026 under its Employees Stock Option Scheme 2000. The total nominal value of shares allotted is approximately Rs.21.66 lakh. The allotment was approved by two Executive Directors at 02:02 PM, under powers delegated by the Board of Directors on October 21, 2023. This is a routine exercise of employee stock options that results in minor dilution of existing shareholders' equity.

Likely market impact

Minimal impact on existing shareholders due to negligible dilution (approximately 1.08 million shares against billions of outstanding shares). This is a standard corporate governance disclosure with no direct market implications.