ICICI Bank Allots 491,900 Equity Shares Under Employee Stock Option Scheme-2000

1 min read     Updated on 13 Mar 2026, 10:56 AM
scanx
Reviewed by
Radhika SScanX News Team
Overview

ICICI Bank completed the allotment of 491,900 equity shares of face value Rs.2 each under its Employee Stock Option Scheme-2000 on March 13, 2026. The allotment was approved by two Executive Directors at 10:26 a.m. under powers delegated by the Board of Directors from their October 21, 2023 meeting. The bank has duly notified both BSE and NSE about this corporate action through official communication.

34925178

*this image is generated using AI for illustrative purposes only.

ICICI Bank has successfully allotted 491,900 equity shares under its Employee Stock Option Scheme-2000, marking another milestone in the bank's employee incentive program. The allotment was completed on March 13, 2026, following proper regulatory procedures.

Share Allotment Details

The bank has provided comprehensive details regarding the equity share allotment to stock exchanges:

Parameter: Details
Number of Shares: 491,900 equity shares
Face Value: Rs.2 each
Allotment Date: March 13, 2026
Scheme: ICICI Bank Employees Stock Option Scheme-2000
Approval Time: 10:26 a.m.

Approval Process and Authorization

The allotment received approval from two Executive Directors of the bank, with the final approval recorded at 10:26 a.m. on March 13, 2026. This approval was granted under the authority delegated by the Board of Directors during their meeting held on October 21, 2023.

The structured approval process demonstrates the bank's adherence to corporate governance standards and proper authorization protocols for employee stock option exercises.

Regulatory Compliance

ICICI Bank has fulfilled its disclosure obligations by formally notifying both major stock exchanges about this corporate action. The 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 official notification was signed by Prashant Mistry from the Associate Leadership Team, ensuring proper documentation and regulatory compliance for the share allotment process.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.97%-7.62%-12.29%-11.53%+0.82%+104.65%

ICICI Bank Allots 485,368 Equity Shares Under Employee Stock Option Scheme-2000

1 min read     Updated on 09 Mar 2026, 05:27 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

ICICI Bank Limited allotted 485,368 equity shares of Rs.2 face value each under its Employee Stock Option Scheme-2000 on March 09, 2026. The allotment was approved by two Executive Directors at 04.55 p.m. under authority delegated by the Board of Directors on October 21, 2023. The bank has formally communicated this development to BSE and NSE through proper regulatory channels.

34603070

*this image is generated using AI for illustrative purposes only.

ICICI Bank Limited has successfully completed the allotment of equity shares under its Employee Stock Option Scheme-2000, marking another step in its employee compensation framework. The allotment was executed on March 09, 2026, following proper regulatory approvals and internal governance procedures.

Share Allotment Details

The bank has allotted a total of 485,368 equity shares under the ICICI Bank Employees Stock Option Scheme-2000. Each share carries a face value of Rs.2, representing the standard denomination for the bank's equity instruments.

Parameter: Details
Number of Shares: 485,368
Face Value per Share: Rs.2
Allotment Date: March 09, 2026
Scheme: ICICI Bank Employees Stock Option Scheme-2000
Approval Time: 04.55 p.m.

Approval Process and Authorization

The allotment received approval from two Executive Directors of the bank, with the final approval recorded at 04.55 p.m. on March 09, 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 allows Executive Directors to approve such allotments without requiring fresh Board approval for each transaction, streamlining the employee stock option exercise process while maintaining proper governance oversight.

Regulatory Communication

ICICI Bank has formally notified both major stock exchanges about this allotment. The communication was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and 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, with digital signature authentication completed on March 09, 2026, at 17:03:17 +05'30', ensuring proper documentation and regulatory compliance for the share allotment process.

Historical Stock Returns for ICICI Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.97%-7.62%-12.29%-11.53%+0.82%+104.65%

More News on ICICI Bank

1 Year Returns:+0.82%