ICICI Bank Limited has informed the Exchange regarding Allotment of 753218 Shares.
ICICIBANK · price
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ICICI Bank allotted 753,218 equity shares of Rs.2 face value each on April 2, 2026. The shares were issued under the ICICI Bank Employees Stock Option Scheme-2000, which is a compensatory benefit program for employees. The allotment was approved by two Executive Directors at 11:31 a.m. under board-delegated authority from October 2023. This is a routine corporate action following standard ESOS exercise procedures by eligible employees.
This is a routine share issuance under employee stock options and has no direct impact on existing shareholders' ownership or earnings per share. The dilution is minimal given the bank's large share capital.