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ICICI Bank Allots 62,879 Shares Under Employee Stock Option Scheme on November 3, 2026

Share allotment approved by Executive Directors as per Board delegation from October 2023 meeting

ICICI Bank has allotted 62,879 equity shares of Rs.2 each under its Employees Stock Option Scheme-2000 on November 3, 2026. This allotment was approved by two Executive Directors as per the Board’s delegation granted in October 2023.

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ICICI Bank Limited

Corporate Action

ICICI Bank Limited allotted 62,879 equity shares with a face value of Rs.2 each under its Employees Stock Option Scheme-2000 on November 3, 2026.

The allotment happened on November 3, 2026, and was approved at 9:57 a.m. by two Executive Directors of the Bank.

This action was carried out pursuant to authority delegated by ICICI Bank's Board of Directors during its meeting held on October 21, 2023.

The shares were allotted specifically under the framework of the ICICI Bank Employees Stock Option Scheme-2000, designed to issue shares to employees as part of their compensation.

Highlights

  • 62,879 equity shares allotted on November 3, 2026
  • Each share has a face value of Rs.2
  • Allotment under Employees Stock Option Scheme-2000
  • Approval provided by two Executive Directors at 9:57 a.m. on allotment day
  • Board of Directors' delegation granted at October 21, 2023 meeting

Key Data Snapshot

Number of equity shares allotted62,879
Face value per equity shareRs.2
Date of allotmentNovember 3, 2026
Time of Executive Directors' approval9.57 a.m.
Board meeting date for delegationOctober 21, 2023

What happened

  • ICICI Bank allotted 62,879 equity shares with Rs.2 face value each under its Employees Stock Option Scheme-2000.
  • The allotment was made on November 3, 2026.
  • Two Executive Directors approved the allotment at 9:57 a.m. on the allotment date.
  • The allotment followed the Board’s delegation of power dated October 21, 2023.

Regulatory and governance context

  • The allotment was done pursuant to the powers delegated by ICICI Bank’s Board of Directors.
  • Delegation of authority was granted in the Board meeting held on October 21, 2023.
  • This disclosure is made to BSE and NSE as part of regulatory compliance.

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ICICI Bank Allots 62,879 Shares Under Employee Stock | Stockk News