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.

ICICI Bank witnessed significant institutional activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial market interest in one of India's leading private sector banks.

Block Trade Details

The block trade executed on NSE involved a considerable volume of shares with specific pricing parameters.

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are conducted outside the regular market mechanism to avoid significant price impact that could occur with large-volume trades in the open market.

The execution of such a substantial block trade indicates active institutional participation in ICICI Bank shares. The price of Rs. 1369.80 per share reflects the prevailing market conditions at the time of the transaction.

Transaction Impact

The block trade volume of approximately 505,725 shares represents a significant portion of trading activity. Such transactions often signal institutional portfolio rebalancing or strategic investment decisions by large market participants.