Allotment of 101,171 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Option Scheme 2000.
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ICICI Bank has allotted 101,171 equity shares of face value Rs.2 each on May 19, 2026, under the ICICI Bank Employees Stock Option Scheme 2000. The allotment was approved by two Executive Directors at 10:29 a.m., pursuant to Board powers delegated on October 21, 2023. This represents a routine exercise of employee stock options, causing minor dilution to existing shareholders. The number of shares is relatively small compared to ICICI Bank's total equity base.
Minimal impact on existing shareholders due to the small quantity of shares (101,171) relative to total outstanding shares. Some dilution of earnings per share may occur, but the effect is negligible given the bank's large equity base.