ICICI Bank witnessed a significant block trade on the National Stock Exchange (NSE), with institutional investors executing a large-volume transaction worth Rs. 136.88 crores.

Transaction Details

The block trade involved substantial market activity with specific parameters that highlight the scale of institutional participation.

Block Trade Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other large market participants. These transactions are conducted through special trading mechanisms designed to handle substantial volumes without significantly impacting the stock's market price during regular trading hours.

The execution of such a significant block trade indicates active institutional interest in ICICI Bank shares. Block trades are often used by large investors to efficiently manage substantial positions while minimizing market disruption that could occur through regular market transactions.

Market Implications

The transaction size of over Rs. 136 crores demonstrates the liquidity available in ICICI Bank shares and the confidence of institutional participants in executing large-value trades. Such block trades typically reflect strategic portfolio adjustments by institutional investors rather than speculative trading activity.

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.

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.