ICICI Bank Allots 699,237 Equity Shares Under Employee Stock Option Scheme-2000
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































