ICICI Bank Limited has informed the Exchange regarding Allotment of 491900 Shares.
ICICIBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICICI Bank has allotted 491,900 equity shares with a face value of Rs. 2 each on March 13, 2026, under the ICICI Bank Employees Stock Option Scheme 2000 (ESOS-2000). The allotment was approved by two Executive Directors pursuant to the Board's delegation from October 21, 2023. This is a routine ESOP conversion where employees exercise their stock options and receive shares. The 491,900 shares are a small fraction of ICICI Bank's overall share capital and represent normal employee compensation activity.
This is a routine, small-scale ESOP allotment with no material impact on shareholders. It causes marginal dilution but is part of the Bank's pre-approved employee compensation program and does not affect the stock price.