ICICI Bank Allots Equity Shares Under ESOP-2000 and ESUS-2022 Schemes
ICICI Bank completed three equity share allotments under its employee stock schemes: 1,083,096 shares under ESOP-2000 on May 5, 2026, 66,061 shares under ESUS-2022 on May 8, 2026, and 887,886 shares under ESOP-2000 on May 12, 2026, each with a face value of ₹ 2 per share. All allotments were approved by two Executive Directors under authority delegated by the Board of Directors at its meeting on October 21, 2023, and disclosed to BSE Limited and the National Stock Exchange of India Limited.

*this image is generated using AI for illustrative purposes only.
ICICI Bank has carried out three separate equity share allotments under its employee stock schemes. On May 5, 2026, the bank allotted 1,083,096 equity shares of face value ₹ 2 each under the ICICI Bank Employees Stock Option Scheme-2000, with the allotment formally approved by two Executive Directors at 02.02 p.m. On May 8, 2026, the bank allotted an additional 66,061 equity shares of face value ₹ 2 each under the ICICI Bank Employees Stock Unit Scheme-2022, approved by two Executive Directors at 12.10 p.m. Most recently, on May 12, 2026, the bank allotted a further 887,886 equity shares of face value ₹ 2 each under the ICICI Bank Employees Stock Option Scheme-2000, approved by two Executive Directors at 10.55 a.m. All three allotments were made pursuant to the authority delegated by the Board of Directors at its meeting held on October 21, 2023.
Allotment Details
The key parameters of all three allotments are summarised below:
| Parameter: | ESOP-2000 (May 5) | ESUS-2022 (May 8) | ESOP-2000 (May 12) |
|---|---|---|---|
| Allotment Date: | May 5, 2026 | May 8, 2026 | May 12, 2026 |
| Number of Shares Allotted: | 1,083,096 | 66,061 | 887,886 |
| Face Value per Share: | ₹ 2 | ₹ 2 | ₹ 2 |
| Scheme: | ICICI Bank Employees Stock Option Scheme-2000 | ICICI Bank Employees Stock Unit Scheme-2022 | ICICI Bank Employees Stock Option Scheme-2000 |
| Approval Time: | 02.02 p.m. | 12.10 p.m. | 10.55 a.m. |
| Board Delegation Date: | October 21, 2023 | October 21, 2023 | October 21, 2023 |
Regulatory Disclosure
All three allotments were communicated to BSE Limited and the National Stock Exchange of India Limited as part of the bank's regulatory disclosure obligations. The May 5, 2026 allotment communication was signed by Vivek Ranjan from the Leadership Team of ICICI Bank Limited, based at ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051. The May 8, 2026 allotment communication was signed by Prashant Mistry, Associate Leadership Team, ICICI Bank Limited. The May 12, 2026 allotment was similarly signed by Prashant Mistry, Associate Leadership Team, ICICI Bank Limited.
Historical Stock Returns for ICICI Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.18% | +3.80% | -5.54% | -5.67% | -10.42% | +99.55% |
How might the cumulative dilution from these three allotments totaling over 2 million shares impact ICICI Bank's earnings per share and shareholder value in the upcoming quarters?
With the Board's delegation authority from October 2023 still being utilized, is ICICI Bank likely to announce a fresh delegation of authority for employee stock allotments at its next Board meeting?
How does ICICI Bank's pace of ESOP allotments compare to peers like HDFC Bank and Axis Bank, and what does this signal about talent retention strategies in the private banking sector?


































