ICICIBANKNSEICICI Bank Limited· BanksLowNeutral
Announced Fri, 10 Apr · 11:09 IST

ICICI Bank Limited has informed the Exchange regarding Allotment of 38231 Shares.

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ICICIBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹1283.50
prior close
₹1319.10
base price
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timing
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+0.1+0.1+0.0-0.1+4.9+4.9+4.7+5.4+5.5+6.6-2.5-1.3+0.7+9.2
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AI summary

ICICI Bank has allotted 38,231 equity shares with a face value of ₹2 each on April 10, 2026 under its ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors at 10:36 a.m. on the same day, exercising powers delegated by the Board at its meeting on October 21, 2023. This is a routine disclosure required under SEBI listing norms for any share allotment by a listed company. The number of shares is very small relative to ICICI Bank's overall share base and represents an ongoing employee benefit programme.

Likely market impact

This is a routine, small-scale allotment under an existing employee stock scheme and is unlikely to have any meaningful impact on the stock price or existing shareholders. It may cause a very minor dilution, but the number of shares is negligible compared to ICICI Bank's total share capital.