ICICIBANKBSEICICI Bank LtdMediumNeutral
Announced Fri, 15 May · 10:25 IST

Allotment of 164,293 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
+0.2%1-day move
₹1248.70
prior close
₹1250.50
base price
In-mkt
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AI summary

ICICI Bank has allotted 164,293 equity shares of face value Rs.2 each on May 15, 2026 under the ICICI Bank Employees Stock Option Scheme-2000. The total value of shares allotted at face value is approximately Rs.3.29 lakh. The allotment was approved by two Executive Directors at 10:10 a.m. on the same day, pursuant to board authority delegated at the October 21, 2023 board meeting. This represents a routine exercise of employee stock options by a select group of employees.

Likely market impact

Minimal direct impact expected on the stock. This is a routine ESOP exercise that slightly increases the equity base but is common for large banks and has no material shareholding or valuation impact.