Life Insurance Corporation of India has filed a disclosure under SEBI regulations regarding its substantial shareholding changes in ICICI Bank . The country's largest insurer reduced its stake in the private sector bank through market transactions spanning over five years.

Shareholding Reduction Details

LIC's shareholding in ICICI Bank decreased significantly through the sale of equity shares carrying voting rights. The transaction details show a substantial reduction in the insurance corporation's investment in the banking major.

Transaction Timeline and Structure

The share sale was executed through open market transactions over an extended period from December 24, 2020, to January 13, 2026. LIC sold 12,70,26,722 shares, representing 2.006% of ICICI Bank's total voting capital.

Key Transaction Details

• Shares Sold: 12.70 crore shares
• Sale Method: Open market transactions
• Exchanges: NSE and BSE
• Transaction Period: December 24, 2020 to January 13, 2026
• Current Holding: 33.81 crore shares (4.731%)

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which requires entities holding more than 5% shares in listed companies to report changes in shareholding. LIC confirmed it does not belong to the promoter or promoter group of ICICI Bank.

Market Impact

The equity share capital of ICICI Bank remained unchanged at ₹1,428.74 crore before and after the transaction. LIC's reduced shareholding reflects the insurance corporation's portfolio management strategy, though it maintains a significant institutional investment in the banking sector.

The formal disclosure was communicated to ICICI Bank's company secretary and filed with both BSE and NSE exchanges, ensuring full regulatory compliance and market transparency regarding the substantial shareholding change.

ICICI Bank has officially announced its earnings call schedule for the third quarter of fiscal year 2026, informing stock exchanges and stakeholders about the upcoming financial results discussion. The bank will host comprehensive conference calls on January 17, 2026, to present and discuss its financial performance for the quarter and nine months ended December 31, 2025.

Conference Call Schedule

The bank has structured two separate sessions to accommodate different stakeholder groups. The media conference call is scheduled first, followed by the analyst and investor session.

Dial-in Details and Access Information

ICICI Bank has provided comprehensive access options for participants across multiple regions. The bank offers both universal dial-in numbers and toll-free options for international participants.

Pre-registration and Documentation

Participants can pre-register for the earnings call through the designated portal provided by the bank. The pre-registration link has been made available to ensure smooth access during the conference calls. Additionally, ICICI Bank has confirmed that both the audio recording and complete transcript of the calls will be hosted on the bank's official website at www.icici.bank.in for future reference.

Regulatory Compliance and Communication

The announcement was made in compliance with Regulation 30 requirements, with formal communication sent to both BSE Limited and the National Stock Exchange of India Limited on January 13, 2026. The bank has also informed international exchanges including the New York Stock Exchange, Japan Securities Dealers Association, Singapore Stock Exchange, and SIX Swiss Exchange Ltd., reflecting its global listing presence.

The earnings calls will provide stakeholders with detailed insights into ICICI Bank's financial performance for the third quarter of FY26, covering both quarterly and nine-month results ended December 31, 2025.