ICICI Bank Allots 243,921 Equity Shares Under Employee Stock Option Scheme
ICICI Bank allotted 243,921 equity shares of Rs.2 face value each under its Employee Stock Option Scheme-2000 on March 17, 2026. The allotment was approved by two Executive Directors at 10:46 a.m. pursuant to Board delegation from October 21, 2023. The bank formally notified BSE and NSE about this employee stock option allotment through proper regulatory channels.

*this image is generated using AI for illustrative purposes only.
ICICI Bank has completed the allotment of 243,921 equity shares under its Employee Stock Option Scheme-2000 on March 17, 2026. The shares carry a face value of Rs.2 each and were allotted to eligible employees as part of the bank's ongoing employee incentive program.
Allotment Details
The equity share allotment was executed following proper corporate governance procedures. The bank has provided comprehensive details of the allotment to stock exchanges through formal notification.
| Parameter: | Details |
|---|---|
| Number of Shares: | 243,921 |
| Face Value: | Rs.2 each |
| Allotment Date: | March 17, 2026 |
| Scheme: | ICICI Bank Employees Stock Option Scheme-2000 |
| Approval Time: | 10:46 a.m. |
Approval Process
The allotment received approval from two Executive Directors of ICICI Bank at 10:46 a.m. on March 17, 2026. This approval was granted pursuant to powers delegated by the Board of Directors during their meeting held on October 21, 2023. The delegation of authority ensures efficient execution of employee stock option schemes while maintaining proper oversight.
Regulatory Compliance
ICICI Bank has fulfilled its regulatory obligations by notifying both major stock exchanges about the share allotment. The formal communication was sent to:
- BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai
- National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai
The notification was signed by Prashant Mistry from the Associate Leadership Team, ensuring proper authorization and documentation of the corporate action.
Employee Stock Option Scheme Context
The ICICI Bank Employees Stock Option Scheme-2000 represents the bank's commitment to employee participation in organizational growth. Such schemes typically serve as retention tools and align employee interests with shareholder value creation. The allotment of 243,921 shares demonstrates the ongoing utilization of this long-standing employee benefit program.
Historical Stock Returns for ICICI Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.84% | +0.41% | -9.07% | -9.71% | +1.15% | +115.75% |


































