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

Latest Block Trade Details

The recent block trade executed on NSE involved considerable volume and value, reflecting continued institutional investor activity in the banking stock.

Market Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders to buy or sell significant quantities of shares without impacting the regular market price. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.

The execution price of ₹1,400.70 per share represents the agreed-upon rate between the participating parties for this substantial transaction. Such large-volume trades often indicate strategic portfolio adjustments or institutional rebalancing activities.

Transaction Impact

The block trade involving 803,361 shares demonstrates the liquidity available in ICICI Bank stock and the continued interest from institutional participants. The increased transaction size compared to previous block trades indicates growing institutional appetite for the banking stock. These transactions typically occur when there is matching interest from both buyers and sellers for large quantities at mutually acceptable prices.

ICICI Bank has completed the allotment of equity shares under its Employee Stock Option Scheme, marking another step in its employee compensation program. The bank formally communicated this development to stock exchanges on February 24, 2026.

Share Allotment Details

The bank has allotted a total of 369,765 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 securities.

Approval Process

The allotment received approval from two Executive Directors of the bank on February 24, 2026, with the final approval recorded at 10:27 a.m. This approval was granted under the authority delegated by the Board of Directors during their meeting held on October 21, 2023.

Regulatory Communication

The bank has formally notified both major stock exchanges about this allotment. The communication was addressed 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. The notification was signed by Prashant Mistry from the Associate Leadership Team, with digital signature authentication completed at 10:42:09 on February 24, 2026.

Employee Stock Option Framework

This allotment falls under the ICICI Bank Employees Stock Option Scheme-2000, which serves as part of the bank's employee compensation and retention strategy. The scheme allows eligible employees to acquire equity shares in the bank, aligning their interests with shareholders and providing long-term incentives.