ICICI Bank Limited has informed the Exchange regarding Allotment of 66061 Shares.
ICICIBANK · price
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ICICI Bank has allotted 66,061 equity shares of face value ₹2 each on May 8, 2026. The shares were allotted under the ICICI Bank Employees Stock Unit Scheme-2022, which is an employee compensation programme. The allotment was approved by two Executive Directors at 12:10 p.m. under powers delegated by the Board of Directors at their meeting held on October 21, 2023. This is a routine corporate action related to employee stock benefits.
This is a routine employee stock allotment with minimal direct impact on the stock price or existing shareholders. The dilution from 66,061 shares is negligible given ICICI Bank's large equity base.