ICICIBANKNSEICICI Bank Limited· BanksLowNeutral
Announced Fri, 20 Mar · 11:20 IST

ICICI Bank Limited has informed the Exchange regarding Allotment of 28800 Shares.

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ICICIBANK · price

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹1259.70
prior close
₹1273.00
base price
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AI summary

ICICI Bank has allotted 28,800 equity shares with a face value of ₹2 each on March 20, 2026, under its ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors at 10:50 a.m., exercising powers delegated by the Board on October 21, 2023. This is a routine employee stock option scheme (ESOS) allotment and is part of the bank's ongoing employee compensation programme.

Likely market impact

The dilution is negligible — 28,800 shares is an extremely small number compared to ICICI Bank's total share base of over 7 billion shares. No meaningful impact on share price or shareholder value is expected.