ICICI Bank Limited has informed the Exchange regarding Allotment of 144678 Shares.
ICICIBANK · price
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ICICI Bank has allotted 144,678 equity shares with a face value of Rs. 2 each on July 8, 2025, under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 10:09 a.m. on the same day, exercising powers delegated by the Board at its October 21, 2023 meeting. This is a routine ESOP allotment and reflects the bank continuing to vest employee stock options as part of its compensation framework. The number of shares is relatively small compared to ICICI Bank's overall share base, so the dilution impact is minimal.
Minor dilution for existing shareholders due to new share issuance under the employee stock option plan. Negligible impact on share price as the quantity is small and the allotment is part of a pre-approved, routine scheme.