ICICI Bank Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

ICICIBANK · price

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Price reactionminutes from the announcement price · days from the prior close

-0.0%Reaction day

₹1279.60

prior close

₹1279.20

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.0%-0.1% vs market

Private Sector Bank peers, median of 19sector-0.3%+0.3% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 0.3 pts more than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.0-0.1-0.3+0.3

Next day

-0.9-0.6-0.4-1.9+1.0

-1.0-2.1+1.1-3.7+2.8

-2.7-4.0+1.2-6.0+3.2

-3.4-3.7+0.3-5.6+2.2

-2.4-2.6+0.2-4.4+2.0

-2.2-3.1+0.9-5.6+3.4

15d

-1.5-2.8+1.3-2.8+1.3

-2.3-4.7+2.4-3.0+0.7

+10.3+0.4+10.0+4.0+6.4

+11.4+1.6+9.8+7.6+3.7

UpDownMarket · Nifty 100Sector · Private Sector Bank peers, median of 19Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICICI Bank has informed exchanges that RBI has approved HDFC Bank to acquire aggregate holding of up to 9.95% of ICICI Bank's paid-up share capital or voting rights. The approval was granted on May 6, 2026, and is valid for one year from that date. If HDFC Bank fails to complete the acquisition within this period, the RBI approval will stand cancelled. The approval is subject to conditions including compliance with relevant statutory and regulatory provisions. HDFC Bank is another major Indian private sector bank.

Likely market impact

This signals a potential significant stake acquisition by HDFC Bank in ICICI Bank. The 9.95% limit is just below the 10% threshold that would trigger open offer requirements under SEBI takeover regulations, suggesting a strategic minority stake purchase rather than a full takeover attempt.