ICICI Bank Limited has informed the Exchange regarding Change in Director(s) of the company.

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ICICIBANK · price

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-1.2%1-day move

₹1265.70

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₹1264.30

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AI summary

ICICI Bank has announced the retirement of Mr. Radhakrishnan Nair as an Independent Director effective May 1, 2026. His retirement was due to the completion of his second term as an Independent Director of the Bank. This is a routine retirement as per the company's governance policy. The company has informed all relevant stock exchanges including BSE, NSE, NYSE, Singapore Stock Exchange, and others about this change.

Likely market impact

The retirement is a normal governance event as Mr. Nair completed his prescribed term. This should not have any material impact on the bank's operations or stock price as it follows a planned succession process.