ICICI Bank has completed the allotment of equity shares under its Employee Stock Option Scheme, marking another step in its employee compensation program. The bank formally communicated this development to stock exchanges on February 24, 2026.

Share Allotment Details

The bank has allotted a total of 369,765 equity shares under the ICICI Bank Employees Stock Option Scheme-2000. Each share carries a face value of Rs.2, representing the standard denomination for the bank's equity securities.

Approval Process

The allotment received approval from two Executive Directors of the bank on February 24, 2026, with the final approval recorded at 10:27 a.m. This approval was granted under the authority delegated by the Board of Directors during their meeting held on October 21, 2023.

Regulatory Communication

The bank has formally notified both major stock exchanges about this allotment. The communication was addressed 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. The notification was signed by Prashant Mistry from the Associate Leadership Team, with digital signature authentication completed at 10:42:09 on February 24, 2026.

Employee Stock Option Framework

This allotment falls under the ICICI Bank Employees Stock Option Scheme-2000, which serves as part of the bank's employee compensation and retention strategy. The scheme allows eligible employees to acquire equity shares in the bank, aligning their interests with shareholders and providing long-term incentives.

ICICI Bank has successfully completed another allotment of equity shares under its employee compensation framework, demonstrating continued progress in its stock-based employee benefit programs. The latest allotment was executed on February 20, 2026, following proper regulatory approvals and internal authorization processes.

Latest Share Allotment Details

The bank has allotted a total of 16,216 equity shares under the ICICI Bank Employees Stock Unit Scheme-2022. Each share carries a face value of Rs.2, representing the bank's ongoing commitment to employee stock participation programs through its newer scheme structure.

Approval Process and Authorization

The allotment received approval from two Executive Directors of the bank, with the final approval granted at 10.36 a.m. on February 20, 2026. This approval was executed under the authority delegated by the Board of Directors during their meeting held on October 21, 2023.

The formal notification was digitally signed by Chetan Vithal Pawar from the Associate Leadership Team at 10:43:53 +05'30', ensuring proper documentation and regulatory compliance for the share allotment process.

Recent Employee Stock Activity

This latest allotment follows previous share allotments under the bank's employee stock programs. The bank had previously allotted 861,046 equity shares under the ICICI Bank Employees Stock Option Scheme-2000 on February 17, 2026, and 936,257 equity shares under the same scheme on February 13, 2026.

Regulatory Communication

ICICI Bank has formally notified both major stock exchanges about this development. The communication was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai, ensuring full transparency and regulatory compliance.

This allotment represents the bank's active implementation of its Employee Stock Unit Scheme-2022, providing eligible employees with equity participation opportunities through this newer scheme framework alongside the existing Employee Stock Option Scheme-2000.