ICICI Bank: Block Trade Worth Rs. 60.85 Crores Executed on NSE
ICICI Bank witnessed a significant block trade on NSE involving 442,396 shares at Rs. 1,375.50 per share, totaling Rs. 60.85 crores. Separately, the bank allotted 529,833 equity shares under its Employee Stock Option Scheme-2000.

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ICICI Bank , one of India's leading private sector banks, recently saw a significant block trade executed on the National Stock Exchange (NSE). The transaction, involving approximately 442,396 shares, was carried out at a price of Rs. 1,375.50 per share, amounting to a total value of Rs. 60.85 crores.
Block Trade Details
The block trade represents a substantial institutional transaction in ICICI Bank's shares. Such trades are typically executed outside the regular trading session and often involve large quantities of shares, usually between institutional investors.
Trade Details | Value |
---|---|
Number of Shares | 442,396 |
Price per Share | Rs. 1,375.50 |
Total Transaction Value | Rs. 60.85 crores |
This significant trade could potentially impact the stock's liquidity and may be of interest to market analysts and investors monitoring large institutional movements in the banking sector.
Recent Corporate Action
In a separate development, ICICI Bank has recently undertaken a corporate action related to its employee stock option scheme. According to the latest disclosure:
- The bank allotted 529,833 equity shares with a face value of Rs. 2 each.
- This allotment was made under the ICICI Bank Employees Stock Option Scheme-2000.
- The allotment was approved by two Executive Directors, as per the power delegated by the Bank's Board of Directors.
While this equity allotment is not directly related to the block trade, it demonstrates the bank's ongoing commitment to its employee stock option program, which can be seen as a tool for aligning employee interests with those of the shareholders.
Investors and market participants may want to keep an eye on ICICI Bank's stock performance and any potential impact these developments might have on the bank's market position and shareholder structure.
Historical Stock Returns for ICICI Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.21% | -2.78% | -3.73% | +1.59% | +4.64% | +311.02% |