News Corporate Actions ICICI Bank Allots 485,368 Equity Shares Under Employee Stock Option Scheme-2000ICICI Bank Allots 485,368 Equity Shares Under Employee Stock Option Scheme-2000
ICICI Bank Limited allotted 485,368 equity shares of Rs.2 face value each under its Employee Stock Option Scheme-2000 on March 09, 2026. The allotment was approved by two Executive Directors at 04.55 p.m. under authority delegated by the Board of Directors on October 21, 2023. The bank has formally communicated this development to BSE and NSE through proper regulatory channels.
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ICICI Bank Limited has successfully completed the allotment of equity shares under its Employee Stock Option Scheme-2000, marking another step in its employee compensation framework. The allotment was executed on March 09, 2026, following proper regulatory approvals and internal governance procedures.
Share Allotment Details
The bank has allotted a total of 485,368 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 instruments.
| Parameter: | Details |
|---|---|
| Number of Shares: | 485,368 |
| Face Value per Share: | Rs.2 |
| Allotment Date: | March 09, 2026 |
| Scheme: | ICICI Bank Employees Stock Option Scheme-2000 |
| Approval Time: | 04.55 p.m. |
Approval Process and Authorization
The allotment received approval from two Executive Directors of the bank, with the final approval recorded at 04.55 p.m. on March 09, 2026. This approval was granted pursuant to powers delegated by the Board of Directors during their meeting held on October 21, 2023.
The delegation of authority allows Executive Directors to approve such allotments without requiring fresh Board approval for each transaction, streamlining the employee stock option exercise process while maintaining proper governance oversight.
Regulatory Communication
ICICI Bank has formally notified both major stock exchanges about this allotment. 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.
The notification was signed by Prashant Mistry from the Associate Leadership Team, with digital signature authentication completed on March 09, 2026, at 17:03:17 +05'30', ensuring proper documentation and regulatory compliance for the share allotment process.
Historical Stock Returns for ICICI Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | -5.10% | -6.62% | -7.11% | +7.33% | +108.59% |
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