ICICI Bank Limited has informed the Exchange regarding Allotment of 101171 Shares.
ICICIBANK · price
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ICICI Bank allotted 101,171 equity shares of Rs.2 face value each on May 19, 2026. The allotment was made under the ICICI Bank Employees Stock Option Scheme-2000, which is a stock compensation program for employees. The approval was given by two Executive Directors at 10:29 AM on the same day, under authority delegated by the Board of Directors at their October 21, 2023 meeting. This is a routine corporate action related to employee stock option exercises.
This is a routine share allotment under an employee stock option scheme and has no direct material impact on the stock price or existing shareholders. It increases the company's paid-up capital marginally.