Allotment of 887,886 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Option Scheme 2000.
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ICICI Bank has allotted 887,886 equity shares of face value Rs. 2 each to employees on May 12, 2026, under the ICICI Bank Employees Stock Option Scheme-2000. The shares were approved by two Executive Directors at 10:55 AM, acting under authority delegated by the Board of Directors at their October 21, 2023 meeting. This is a routine ESOS (Employee Stock Option Scheme) allotment as part of employee compensation. The dilution to existing shareholders is minimal given ICICI Bank's large equity base.
Negligible impact on shareholding — this is a standard employee stock option exercise that does not materially affect the stock price or shareholder value.