ICICI Bank has disclosed that the Securities and Exchange Board of India (SEBI) issued an administrative warning to the bank via a letter dated May 4, 2026, received on the same day at 4:07 p.m. The warning pertains to certain non-compliances identified in relation to the bank's activities as a depository participant. The disclosure was made to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on May 5, 2026.

Nature of the Regulatory Action

The administrative warning was issued by SEBI in connection with ICICI Bank's functioning as a depository participant under the SEBI (Depositories and Participants) Regulations, 2018. The non-compliances were identified during a periodic inspection carried out by SEBI jointly with the depositories. The bank has not disclosed the specific nature of the non-compliances in its regulatory filing.

Key details of the regulatory communication are summarised below:

Bank's Response and Impact Assessment

ICICI Bank stated in its disclosure that it is in the process of taking necessary corrective action in response to the observations raised by SEBI. The bank has explicitly noted that there is no material impact on its financial, operational, or other activities as a result of this administrative warning. The disclosure was signed by Prachiti Lalingkar, Company Secretary, on May 5, 2026.

The communication was addressed to the listing departments of both BSE Limited and the National Stock Exchange of India Limited, with copies also sent to the New York Stock Exchange (NYSE), SIX Swiss Exchange Ltd., Singapore Stock Exchange, and Japan Securities Dealers Association.

ICICI Bank has allotted 1,083,096 equity shares of face value Rs. 2 each on May 5, 2026, under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was formally approved by two Executive Directors of the bank on the same date at 02.02 p.m., representing the time of the last approval.

Allotment Details

The share allotment was carried out in accordance with the authority delegated to the Executive Directors by the Board of Directors of the bank at its meeting held on October 21, 2023. The key parameters of this allotment are summarised below:

Regulatory Disclosure

The allotment information was communicated to BSE Limited and the National Stock Exchange of India Limited as part of the bank's regulatory disclosure obligations. The communication was signed by Vivek Ranjan from the Leadership Team of ICICI Bank Limited, based at ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051.