ICICI Bank Allots 699,237 Equity Shares Under Employee Stock Option Scheme-2000

1 min read     Updated on 01 May 2026, 12:27 PM
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AI Summary

ICICI Bank has allotted 699,237 equity shares of Rs.2 face value each on April 30, 2026 under the Employee Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 11.55 a.m., exercising powers delegated by the Board of Directors during its meeting held on October 21, 2023. Prashant Jagjivan Mistry, Associate Leadership Team, signed the communication on behalf of the bank.

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ICICI Bank has allotted 699,237 equity shares of face value Rs.2 each on April 30, 2026 under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was approved by two Executive Directors at 11.55 a.m., exercising powers delegated by the Board of Directors during its meeting held on October 21, 2023.

Latest Allotment Details

The equity shares have been issued to eligible employees under the long-standing Employee Stock Option Scheme-2000. The approval process was completed on April 30, 2026, with the Executive Directors exercising their delegated authority to finalize the allotment.

Key Information

Particulars Details
Number of shares allotted 699,237
Face value per share Rs.2
Allotment date April 30, 2026
Scheme ICICI Bank Employees Stock Option Scheme-2000
Approval time 11.55 a.m.
Board delegation date October 21, 2023

Communication and Authorization

The allotment was formally communicated to the stock exchanges, BSE Limited and National Stock Exchange of India Limited, on April 30, 2026. The Executive Directors' approval was granted pursuant to the powers delegated by the Board of Directors of the Bank at its meeting held on October 21, 2023.

Prashant Jagjivan Mistry, representing the Associate Leadership Team, signed the communication on behalf of ICICI Bank Limited. The bank's registered office is located at ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat 390 007.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.23%-7.33%-9.01%-13.89%+100.34%

How will this equity dilution impact ICICI Bank's earnings per share and overall market capitalization?

What percentage of total outstanding shares do these newly allotted shares represent, and how might this affect voting dynamics?

Could this employee stock option exercise signal increased confidence among ICICI Bank staff about the company's future prospects?

ICICI Bank Participates in Second 100 Days Campaign for Unclaimed Dividends and KYC Updates

2 min read     Updated on 25 Apr 2026, 03:47 PM
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ICICI Bank Limited has announced participation in IEPFA's second '100 Days Campaign - Saksham Niveshak' from April 01, 2026 to July 09, 2026, following MCA's March 27, 2026 communication. The campaign targets shareholders with unpaid/unclaimed dividends and incomplete KYC details, with the bank directing them to contact RTA KFin Technologies Limited for updates and dividend claims.

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ICICI Bank Limited has announced its participation in the Investor Education and Protection Fund Authority's (IEPFA) second "100 Days Campaign - Saksham Niveshak," aimed at helping shareholders claim unpaid dividends and update their Know Your Customer (KYC) details. The bank has formally notified both BSE Limited and National Stock Exchange of India Limited about this initiative through official correspondence dated April 25, 2026.

Campaign Details and Timeline

The second "100 Days Campaign - Saksham Niveshak" was re-initiated by IEPFA following a communication dated March 27, 2026 from the Ministry of Corporate Affairs (MCA). The campaign runs from April 01, 2026 to July 09, 2026, specifically targeting shareholders whose dividends remain unpaid or unclaimed and whose KYC and other details require updates.

Campaign Parameter: Details
Campaign Duration: April 01, 2026 to July 09, 2026
Initiating Authority: IEPFA (Investor Education and Protection Fund Authority)
MCA Communication Date: March 27, 2026
Target Shareholders: Those with unpaid/unclaimed dividends and incomplete KYC

Shareholder Action Requirements

Shareholders of ICICI Bank Limited who have unpaid or unclaimed dividends with the bank, or whose KYC details including PAN, bank account details, contact information, and nomination details have not been updated, are requested to take immediate action. The bank has specified that shareholders need to contact the company's Registrar and Share Transfer Agent (RTA) for equity shares.

Contact Information for Shareholders

Shareholders must reach out to KFin Technologies Limited, which serves as the RTA for ICICI Bank Limited:

Contact Details: Information
RTA Name: KFin Technologies Limited (Unit: ICICI Bank Limited)
Address: Selenium Building, Tower - B, Plot no. 31 & 32, Financial District, Nanakramguda, Serlingampally, Hyderabad - 500 032
Phone: 040-67162222
Email: einward.ris@kfin-tech.com

Documentation and Resources

To facilitate the process, ICICI Bank has made KYC forms available for download from the company website at https://www.icicibank.com/about-us/invest-relations . The bank has also published newspaper advertisements in Financial Express (all editions) to ensure widespread awareness of this campaign among its shareholders.

Regulatory Compliance

The initiative demonstrates ICICI Bank's commitment to regulatory compliance and shareholder engagement. The formal notification to stock exchanges, signed by Company Secretary Prachiti D. Lalingkar, ensures transparency and proper documentation of the bank's participation in this government-backed campaign to protect investor interests and prevent the transfer of unpaid dividends to the Investor Education and Protection Fund.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.23%-7.33%-9.01%-13.89%+100.34%

How might ICICI Bank's participation in this campaign impact its operational costs and customer service resources over the 100-day period?

What percentage of ICICI Bank's total dividend payouts typically remain unclaimed, and could this campaign significantly reduce that figure?

Will other major private sector banks follow ICICI's lead in actively promoting similar IEPFA campaigns to their shareholders?

More News on ICICI Bank

1 Year Returns:-13.89%