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.

ICICI Bank has announced a significant allotment of equity shares under its employee stock compensation program. The bank completed the allotment of 1,475,637 equity shares on February 10, 2026, representing a substantial allocation under its structured employee benefits initiative. This follows a previous smaller allotment of 21,153 shares on February 06, 2026, under a different employee stock scheme.

Latest Share Allotment Details

The recent equity shares allotment carries specific parameters aligned with the bank's employee stock option framework.

Recent ESOP Activity Comparison

The bank has conducted multiple share allotments within a short timeframe under different employee schemes.

Approval Process

The latest allotment received necessary corporate approvals through the bank's established governance framework. Two Executive Directors provided their approval on February 10, 2026, with the final approval recorded at 11:13 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 Compensation Framework

The allotments form part of ICICI Bank's comprehensive employee stock compensation programs, including both the Employees Stock Option Scheme-2000 and the Employees Stock Unit Scheme-2022. These schemes serve as key components of the bank's employee compensation and retention strategy, typically aiming to align employee interests with long-term shareholder value creation while providing additional compensation benefits to eligible employees.

The formal documentation for the latest allotment was signed by Chetan Pawar from the Associate Leadership Team, with digital signature authentication completed at 11:21:07 on February 10, 2026. This corporate action reflects the bank's ongoing commitment to its structured employee benefit programs and adherence to regulatory disclosure requirements.