ICICI Bank Independent Director Mr. Radhakrishnan Nair Retires After Completing Second Term

ICICI Bank Limited announced a change in its board composition with the retirement of an Independent Director following the completion of his tenure.

Director Retirement Details

Mr. Radhakrishnan Nair (DIN: 07225354) retired as an Independent Director of ICICI Bank on May 1, 2026. The retirement was pursuant to the completion of his second term of office as an Independent Director.

Parameter:	Details
Director Name:	Mr. Radhakrishnan Nair
Director Identification Number:	07225354
Position:	Independent Director
Retirement Date:	May 1, 2026
Reason:	Completion of second term

Regulatory Compliance

The bank formally communicated this directorate change to multiple stock exchanges on May 2, 2026. The notification was signed digitally by Company Secretary Prachiti Lalingkar and sent to various regulatory bodies and exchanges.

Exchange Notifications

The retirement notification was sent to:

BSE Limited (Listing Department)
National Stock Exchange of India Limited (Listing Department)
New York Stock Exchange (NYSE)
Singapore Stock Exchange
Japan Securities Dealers Association
SIX Swiss Exchange Ltd.

This comprehensive notification ensures compliance with listing requirements across all exchanges where ICICI Bank securities are traded. The retirement represents a routine board transition following the completion of the director's prescribed tenure as per corporate governance norms.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.37%	-7.62%	+2.40%	-7.81%	-11.64%	+103.30%

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.