Announced Tue, 5 May · 14:19 IST
ICICI Bank Limited has informed the Exchange regarding Allotment of 1083096 Shares.
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ICICIBANK · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1269.00
prior close
₹1251.50
base price
In-mkt
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+0.1+0.2+0.1+0.0+0.8+0.8-0.1-0.1-1.9-1.6+0.9-0.6+12.4—
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AI summary
ICICI Bank allotted 1,083,096 equity shares of Rs.2 face value each on May 5, 2026. The shares were issued under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 02:02 PM, under authority delegated by the Board of Directors from their meeting held on October 21, 2023. The total number of shares allotted is relatively small compared to the bank's total share capital.
Likely market impact
This is a routine internal corporate action related to employee stock options and has no direct impact on the stock price or shareholder value. It represents dilution of a very marginal extent.