ICICI Bank Limited has informed the Exchange regarding Allotment of 253442 Shares.
ICICIBANK · price
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ICICI Bank has allotted 253,442 equity shares of Rs.2 face value each on May 25, 2026. The allotment was made under the ICICI Bank Employees Stock Option Scheme-2000 to eligible employees. The shares were approved by two Executive Directors at 3:32 PM pursuant to board authority delegated at the October 21, 2023 board meeting. This is a routine ESOP-related share issuance and will increase the bank's outstanding share count marginally.
The allotment has a negligible dilutive impact given the small number of shares relative to ICICI Bank's large equity base. It has no material impact on the stock price but represents normal employee compensation through equity.