Allotment of 301,187 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Unit Scheme - 2022
ICICIBANK · price
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ICICI Bank has allotted 301,187 equity shares of face value Rs. 2 each on May 21, 2026. The shares were allotted under the ICICI Bank Employees Stock Unit Scheme-2022, which is the bank's employee stock benefit program. The allotment was approved by two Executive Directors at 02:39 p.m. pursuant to powers delegated by the Board of Directors at their meeting held on October 21, 2023. This is a routine corporate action related to employee compensation through equity grants.
This is a standard ESOP allotment and has no direct impact on the bank's stock price or shareholder holdings. It represents dilution of approximately 0.0045% of total shares, which is minimal.