News Corporate Actions ICICI Bank Allots 1.48 Million Equity Shares Under ESOP Scheme on Feb 10, 2026ICICI Bank Allots 1.48 Million Equity Shares Under ESOP Scheme on Feb 10, 2026
ICICI Bank has conducted significant employee stock allotments with 1,475,637 shares allocated under the Stock Option Scheme-2000 on February 10, 2026, and 21,153 shares under the Stock Unit Scheme-2022 on February 06, 2026. Both allotments received Executive Director approval under powers delegated by the Board of Directors, demonstrating the bank's active employee compensation strategy and regulatory compliance.
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ICICI Bank has announced a significant allotment of equity shares under its employee stock compensation program. The bank completed the allotment of 1,475,637 equity shares on February 10, 2026, representing a substantial allocation under its structured employee benefits initiative. This follows a previous smaller allotment of 21,153 shares on February 06, 2026, under a different employee stock scheme.
Latest Share Allotment Details
The recent equity shares allotment carries specific parameters aligned with the bank's employee stock option framework.
| Parameter: | Details |
|---|---|
| Number of Shares: | 1,475,637 equity shares |
| Face Value: | ₹2 per share |
| Allotment Date: | February 10, 2026 |
| Scheme: | ICICI Bank Employees Stock Option Scheme-2000 |
| Approval Time: | 11:13 a.m. |
Recent ESOP Activity Comparison
The bank has conducted multiple share allotments within a short timeframe under different employee schemes.
| Date: | Shares Allotted | Scheme Type | Face Value |
|---|---|---|---|
| February 10, 2026: | 1,475,637 | Stock Option Scheme-2000 | ₹2 per share |
| February 06, 2026: | 21,153 | Stock Unit Scheme-2022 | ₹2 per share |
Approval Process
The latest allotment received necessary corporate approvals through the bank's established governance framework. Two Executive Directors provided their approval on February 10, 2026, with the final approval recorded at 11:13 a.m. This approval was granted pursuant to powers delegated by the Board of Directors during their meeting held on October 21, 2023.
Regulatory Compliance
The bank has fulfilled its disclosure obligations by informing both major stock exchanges about this corporate action. The notification was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and the National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai.
Employee Stock Compensation Framework
The allotments form part of ICICI Bank's comprehensive employee stock compensation programs, including both the Employees Stock Option Scheme-2000 and the Employees Stock Unit Scheme-2022. These schemes serve as key components of the bank's employee compensation and retention strategy, typically aiming to align employee interests with long-term shareholder value creation while providing additional compensation benefits to eligible employees.
The formal documentation for the latest allotment was signed by Chetan Pawar from the Associate Leadership Team, with digital signature authentication completed at 11:21:07 on February 10, 2026. This corporate action reflects the bank's ongoing commitment to its structured employee benefit programs and adherence to regulatory disclosure requirements.
Historical Stock Returns for ICICI Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.30% | -0.16% | +3.22% | -2.12% | +13.43% | +131.97% |
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