ICICI Bank Limited has informed the Exchange regarding Allotment of 912191 Shares.
ICICIBANK · price
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ICICI Bank has allotted 912,191 equity shares with a face value of Rs. 2 each on April 21, 2026. The shares were issued under the ICICI Bank Employees Stock Option Scheme-2000, which is an existing employee benefit program. The allotment was approved by two Executive Directors at 11:20 a.m. under board-delegated powers from the October 21, 2023 board meeting. This represents a minor dilution of approximately 0.013% of the bank's expanded share capital.
This is a routine stock option exercise by employees and has negligible impact on existing shareholders. The dilution is minimal, and such allotments are standard practice for listed companies maintaining ESOP schemes.