ICICI Bank Limited has informed the Exchange regarding Allotment of 416925 Shares.
ICICIBANK · price
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ICICI Bank has allotted 416,925 equity shares with a face value of Rs.2 each on July 25, 2025, under its Employees Stock Option Scheme-2000 (ESOS-2000). The allotment was approved by two Executive Directors at 10:26 a.m. on the same day, exercising powers delegated by the Board at its October 21, 2023 meeting. This is a routine issuance of shares to employees who have likely exercised their stock options. The size of the allotment is small relative to ICICI Bank's total share base, so the dilutive impact is minimal.
This is a routine ESOP allotment causing very minor dilution. No material impact on shareholders or stock price is expected as employee stock options are regularly factored in by the market.