ICICI Bank has allotted 253,442 equity shares of face value of Rs.2 each on May 25, 2026 under the ICICI Bank Employees Stock Option Scheme-2000
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ICICI Bank has allotted 253,442 equity shares of Rs.2 face value each on May 25, 2026. The shares were allotted under the ICICI Bank Employees Stock Option Scheme-2000, which is an employee benefit program. The allotment was approved by two Executive Directors at 3:32 p.m. pursuant to powers delegated by the Board of Directors from their meeting held on October 21, 2023. This is a routine corporate action related to employee stock options.
This is a routine filing with minimal direct impact on stock price. The dilution from 253,442 shares is negligible relative to ICICI Bank's large equity base. Such ESOP allotments are standard practice for listed companies.