ICICI Bank Limited has informed the Exchange regarding allotment of 513546 securities pursuant to ESOP/ESPS at its meeting held on Jun 24, 2025
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ICICI Bank has allotted 513,546 equity shares of face value Rs. 2 each on June 24, 2025 under its Employee Stock Option Scheme-2000 (ESOS-2000). The allotment was approved by two Executive Directors at 10:12 a.m., exercising authority delegated by the Board of Directors at its meeting on October 21, 2023. This is a routine, ongoing ESOP allotment that the bank carries out periodically as employees exercise their stock options. The number of shares allotted is very small compared to ICICI Bank's overall share base, so the dilution impact is minimal.
Minor dilution for existing shareholders due to fresh equity issuance, but the scale is negligible relative to the bank's total share count and unlikely to affect the stock price meaningfully.