News Corporate Actions ICICI Bank Allots 21,153 Equity Shares Under Employee Stock Unit Scheme-2022ICICI Bank Allots 21,153 Equity Shares Under Employee Stock Unit Scheme-2022
ICICI Bank allotted 21,153 equity shares of ₹2 face value each under its Employee Stock Unit Scheme-2022 on February 06, 2026. The allotment was approved by two Executive Directors at 10:48 a.m. under powers delegated by the Board of Directors from their October 21, 2023 meeting. The bank has notified both BSE and NSE about this employee stock compensation initiative.
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ICICI Bank has announced the allotment of equity shares under its employee stock compensation program. The bank completed the allotment of 21,153 equity shares on February 06, 2026, as part of its structured employee benefits initiative.
Share Allotment Details
The equity shares allotted carry specific parameters aligned with the bank's employee stock scheme framework.
| Parameter: | Details |
|---|---|
| Number of Shares: | 21,153 equity shares |
| Face Value: | ₹2 per share |
| Allotment Date: | February 06, 2026 |
| Scheme: | ICICI Bank Employees Stock Unit Scheme-2022 |
Approval Process
The allotment received necessary corporate approvals through the bank's established governance framework. Two Executive Directors provided their approval on February 06, 2026, with the final approval recorded at 10:48 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 Unit Scheme Framework
The allotment forms part of the ICICI Bank Employees Stock Unit Scheme-2022, which serves as a key component of the bank's employee compensation and retention strategy. Such schemes typically aim to align employee interests with long-term shareholder value creation while providing additional compensation benefits to eligible employees.
The formal documentation was signed by Prashant Mistry from the Associate Leadership Team, with digital signature authentication completed at 10:59:18 on February 06, 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 |
|---|---|---|---|---|---|
| +0.69% | +1.63% | +2.52% | -2.65% | +10.92% | +128.95% |
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