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.

Recent ESOP Activity Comparison

The bank has conducted multiple share allotments within a short timeframe under different employee schemes.

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.

ICICI Bank Limited has completed the allotment of 348,380 equity shares under its Employee Stock Option Scheme-2000, continuing the bank's employee incentive program. The latest allotment was executed on February 3, 2026, with formal notification sent to both major stock exchanges.

Recent Share Allotment Details

The equity shares allotted carry specific parameters that define their structure and value within the bank's capital framework.

Previous ESOP Activity

This follows the bank's earlier allotment of 765,234 equity shares under the same scheme on January 30, 2026, demonstrating consistent employee stock option exercise activity.

Approval Process and Authorization

The February 3 allotment received approval from two Executive Directors of ICICI Bank, with the final approval recorded at 10:19 a.m. This approval was granted under the authority delegated by the Board of Directors during their meeting held on October 21, 2023.

The delegation of powers allows Executive Directors to approve ESOP allotments without requiring fresh Board approval for each transaction, streamlining the process for employee stock option exercises.

Regulatory Compliance

ICICI Bank has fulfilled its disclosure obligations by formally notifying both stock exchanges about the share allotment. 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 notification was digitally signed by Prashant Mistry from the Associate Leadership Team at 10:35:41 IST on February 3, 2026, ensuring proper documentation and authentication of the corporate action.

Employee Stock Option Scheme Framework

The ICICI Bank Employees Stock Option Scheme-2000 serves as the framework under which these equity shares were allotted. This long-standing scheme provides employees with opportunities to acquire equity stakes in the bank, aligning employee interests with shareholder value creation.

The allotments represent the conversion of stock options into actual equity shares, typically occurring when employees exercise their vested options according to the scheme's terms and conditions.