ICICIBANKBSEICICI Bank LtdLowNeutral
Announced Thu, 18 Jun · 12:22 IST

ICICI Bank allots 3.79 lakh shares under Employee Stock Unit Scheme 2022

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ICICIBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹1336.10
prior close
₹1342.00
base price
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AI summary

ICICI Bank has allotted 378,765 equity shares at face value of Rs. 2 each under the ICICI Bank Employee Stock Unit Scheme 2022. This is part of the bank employee stock benefit plan and results in a marginal increase in the total number of outstanding shares. The dilution impact on existing shareholders is very small given the size relative to ICICI Bank overall equity base.

Likely market impact

Minor share dilution from a routine ESOP allotment. No material effect on shareholders or stock price expected.