ICICI Bank Limited has informed the Exchange regarding Allotment of 342078 Shares.
ICICIBANK · price
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ICICI Bank has allotted 342,078 equity shares with a face value of Rs.2 each on July 22, 2025, under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 10:10 a.m., exercising the authority delegated to them by the Board at its meeting on October 21, 2023. This is a routine, periodic ESOP allotment made to employees who have exercised their stock options. The total face value of these newly issued shares is around Rs.6.84 lakh, which is negligible relative to ICICI Bank's overall share capital base of over 7,000 crore shares outstanding.
This is a small, routine ESOP allotment with negligible dilution for existing shareholders. It is unlikely to have any meaningful impact on the stock price, as these shares have already been factored into employee compensation plans approved years in advance.