ICICI Bank Limited has informed the Exchange regarding Allotment of 87611 Shares.
ICICIBANK · price
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ICICI Bank has allotted 87,611 equity shares with a face value of Rs. 2 each on June 18, 2025 under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors pursuant to the Board's delegated powers from its October 21, 2023 meeting. This is a routine issuance of shares to employees who have exercised their stock options. The number of shares is very small relative to the bank's overall share base, so it will have a negligible dilutive effect.
Minor dilution for existing shareholders due to fresh share issuance to employees. This is a routine ESOP allotment and unlikely to materially affect the stock price or shareholder value.