ICICI Bank allotted 243,921 equity shares of Rs.2 face value each under its Employee Stock Option Scheme-2000 on March 17, 2026. The allotment was approved by two Executive Directors at 10:46 a.m. pursuant to Board delegation from October 21, 2023. The bank formally notified BSE and NSE about this employee stock option allotment through proper regulatory channels.

ICICI Bank Allots 243,921 Equity Shares Under Employee Stock Option Scheme

ICICI Bank has completed the allotment of 243,921 equity shares under its Employee Stock Option Scheme-2000 on March 17, 2026. The shares carry a face value of Rs.2 each and were allotted to eligible employees as part of the bank's ongoing employee incentive program.

Allotment Details

The equity share allotment was executed following proper corporate governance procedures. The bank has provided comprehensive details of the allotment to stock exchanges through formal notification.

Parameter: Details Number of Shares: 243,921 Face Value: Rs.2 each Allotment Date: March 17, 2026 Scheme: ICICI Bank Employees Stock Option Scheme-2000 Approval Time: 10:46 a.m.

Approval Process

The allotment received approval from two Executive Directors of ICICI Bank at 10:46 a.m. on March 17, 2026. This approval was granted pursuant to powers delegated by the Board of Directors during their meeting held on October 21, 2023. The delegation of authority ensures efficient execution of employee stock option schemes while maintaining proper oversight.

Regulatory Compliance

ICICI Bank has fulfilled its regulatory obligations by notifying both major stock exchanges about the share allotment. The formal 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 signed by Prashant Mistry from the Associate Leadership Team, ensuring proper authorization and documentation of the corporate action.

Employee Stock Option Scheme Context

The ICICI Bank Employees Stock Option Scheme-2000 represents the bank's commitment to employee participation in organizational growth. Such schemes typically serve as retention tools and align employee interests with shareholder value creation. The allotment of 243,921 shares demonstrates the ongoing utilization of this long-standing employee benefit program.

ICICI Bank Limited has formally disclosed its upcoming investor engagement schedule for March 2026, notifying stock exchanges about planned meetings with institutional investors and analysts. The disclosure, made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the bank's commitment to transparent investor communication.

Scheduled Investor Events

The bank has outlined two significant investor engagement opportunities for the latter part of March 2026:

Event Details: Information Jefferies Banking Tour March 23, 2026 Event Type: Group meeting Mode: In-person Nomura India Corporate Day March 24, 2026 Event Type: Group meeting Mode: Virtual

Regulatory Compliance and Documentation

The formal notification was submitted to both BSE Limited and National Stock Exchange of India Limited on March 16, 2026. Vivek Ranjan from the Associate Leadership Team signed the disclosure document, ensuring compliance with regulatory requirements under para A of Schedule III and Regulation 46(2) of the SEBI listing regulations.

The bank has specified that all discussions during these investor interactions will reference publicly available documents, maintaining transparency and regulatory compliance throughout the engagement process.

Corporate Communication Framework

These investor meetings represent part of ICICI Bank's ongoing commitment to maintaining regular dialogue with the investment community. The combination of in-person and virtual formats demonstrates the bank's adaptability in accommodating different stakeholder preferences while ensuring broad accessibility to institutional investors and analysts.

The disclosure follows standard corporate governance practices, with the bank proactively informing exchanges and stakeholders about scheduled investor interactions well in advance of the actual meetings.

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