ICICI Bank Allots 1,083,096 Equity Shares Under Employee Stock Option Scheme-2000

ICICI Bank has allotted 1,083,096 equity shares of face value Rs. 2 each on May 5, 2026, under the ICICI Bank Employees Stock Option Scheme-2000. The allotment was formally approved by two Executive Directors of the bank on the same date at 02.02 p.m., representing the time of the last approval.

Allotment Details

The share allotment was carried out in accordance with the authority delegated to the Executive Directors by the Board of Directors of the bank at its meeting held on October 21, 2023. The key parameters of this allotment are summarised below:

Parameter: Details Allotment Date: May 5, 2026 Number of Shares Allotted: 1,083,096 Face Value per Share: Rs. 2 Scheme: ICICI Bank Employees Stock Option Scheme-2000 Approval Time: 02.02 p.m. (time of last approval) Board Delegation Date: October 21, 2023

Regulatory Disclosure

The allotment information was communicated to BSE Limited and the National Stock Exchange of India Limited as part of the bank's regulatory disclosure obligations. The communication was signed by Vivek Ranjan from the Leadership Team of ICICI Bank Limited, based at ICICI Bank Towers, Bandra-Kurla Complex, Mumbai - 400 051.

ICICI Bank witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 202,228 shares transacted at a price of ₹1250.60 per share, amounting to a total deal value of ₹25.29 crores. Block trades of this magnitude are typically executed by institutional participants and are closely monitored by market observers for insights into large-scale investment activity.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter: Details Exchange: NSE Approximate Shares Traded: 202,228 Trade Price: ₹1250.60 per share Total Trade Value: ₹25.29 crores

Market Significance

Block trades are large, privately negotiated transactions that are executed outside the open market to minimise price impact. Such trades on prominent counters like ICICI Bank are typically associated with institutional investors, including mutual funds, foreign portfolio investors, or other large financial entities. The execution of this trade on the NSE underscores continued institutional interest in the stock.

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