ICICI Bank Limited has informed the Exchange regarding Allotment of 109975 Shares.
ICICIBANK · price
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ICICI Bank has allotted 109,975 equity shares with a face value of ₹2 each on July 4, 2025 under its ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors at 10:23 a.m., exercising powers delegated by the Board at its meeting on October 21, 2023. This is a routine, small-scale issuance linked to the bank's employee stock incentive programme.
This is a routine ESOP allotment and is negligible in size relative to ICICI Bank's overall share base, so it has minimal impact on existing shareholders or the stock price. It reflects ongoing employee compensation practices and causes only marginal dilution.