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  3. ICICI Bank Allots 753,218 Equity Shares Under Employee Stock Option Scheme-2000
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  • 02 Apr 2026
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 ICICI Bank Allots 753,218 Equity Shares Under Employee Stock Option Scheme-2000

ICICI Bank has allotted 753,218 equity shares of face value Rs.2 each under its Employee Stock Option Scheme-2000 on April 2, 2026. The allotment was approved by two Executive Directors under powers delegated by the Board of Directors from their October 21, 2023 meeting, with proper regulatory notifications sent to both BSE and NSE.

ICICI Bank Allots 753,218 Equity Shares Under Employee Stock Option Scheme-2000

ICICI Bank has announced the allotment of equity shares under its Employee Stock Option Scheme, marking another step in the bank's employee incentive program implementation.

Share Allotment Details

The bank has completed the allotment of equity shares with specific parameters outlined in its regulatory filing:

Parameter: Details Number of Shares: 753,218 equity shares Face Value: Rs.2 each Allotment Date: April 2, 2026 Scheme: ICICI Bank Employees Stock Option Scheme-2000 Approval Time: 11.31 a.m.

Approval Process

The allotment received approval from two Executive Directors of the bank on April 2, 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 enables the Executive Directors to approve such allotments without requiring fresh board approval for each transaction.

Regulatory Compliance

The bank has informed both major stock exchanges about this corporate action. The communication was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and the National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai, ensuring full regulatory compliance and transparency.

Documentation

The allotment notification was digitally signed by Chetan Vithal Pawar, Associate Leadership Team member, with the digital signature timestamp recorded at 11:42:57 +05'30' on April 2, 2026. This digital authentication ensures the document's integrity and authenticity for regulatory purposes.

SBICAP Trustee Company Limited has announced the release of pledged shares of ICICI Bank Limited under regulatory disclosure requirements. The disclosure was made on April 1, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Release Details

The trustee company released a total of 212,101 shares that were previously pledged in its favor. These shares represent 0.0030% of ICICI Bank's total share capital and diluted share capital.

Parameter Details Shares Released 212,101 Percentage of Total Capital 0.0030% Release Date March 27, 2026 Mode of Transaction Release of Shares

Holdings Position

Prior to this transaction, SBICAP Trustee Company Limited held 212,101 shares in the nature of encumbrance (pledge) representing 0.0030% of ICICI Bank's total share and voting capital. Following the release, the trustee company's holding position shows:

Holding Status Before Release After Release Encumbered Shares 212,101 (0.0030%) NIL Total Holdings 212,101 (0.0030%) NIL

Trustee Capacity and Background

SBICAP Trustee Company Limited held these shares in its capacity as Security Trustee for Sky Gold and Diamond Limited, which served as the borrower in the underlying transaction. The company operates as a trustee entity and does not engage in direct lending or borrowing activities.

ICICI Bank Share Capital Structure

As per the latest BSE shareholding pattern dated December 2025, ICICI Bank Limited has an equity share capital comprising 7,150,672,709 equity shares of Rs. 2 each, aggregating to Rs. 14,301,345,418. The bank's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

The disclosure confirms that SBICAP Trustee Company Limited does not belong to the promoter or promoter group of ICICI Bank Limited. This release represents the complete unwinding of the pledge arrangement for the specified shares.

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