News Corporate Actions ICICI Bank Allots 765,234 Equity Shares Under Employee Stock Option SchemeICICI Bank Allots 765,234 Equity Shares Under Employee Stock Option Scheme
ICICI Bank Limited allotted 765,234 equity shares of face value Rs.2 each under its Employee Stock Option Scheme-2000 on January 30, 2026. The allotment was approved by two Executive Directors at 10:35 a.m. using powers delegated by the Board of Directors from their October 21, 2023 meeting. The bank has notified both BSE and NSE about this corporate action through proper regulatory channels.
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ICICI Bank Limited has completed the allotment of 765,234 equity shares under its Employee Stock Option Scheme-2000, marking another step in the bank's employee incentive program. The allotment was executed on January 30, 2026, with formal notification sent to both major stock exchanges.
Share Allotment Details
The equity shares allotted carry specific parameters that define their structure and value within the bank's capital framework.
| Parameter: | Details |
|---|---|
| Number of Shares: | 765,234 |
| Face Value: | Rs.2 each |
| Allotment Date: | January 30, 2026 |
| Scheme: | ICICI Bank Employees Stock Option Scheme-2000 |
| Approval Time: | 10:35 a.m. |
Approval Process and Authorization
The allotment received approval from two Executive Directors of ICICI Bank, with the final approval recorded at 10:35 a.m. on January 30, 2026. 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 10:38:32 IST on January 30, 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 allotment represents 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.
Historical Stock Returns for ICICI Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.56% | +1.23% | +1.39% | -8.36% | +8.82% | +153.63% |
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