ICICI Bank Allots 936,257 Equity Shares Under Employee Stock Option Scheme

ICICI Bank has successfully completed the allotment of equity shares under its Employee Stock Option Scheme, marking another step in its employee compensation framework. The allotment was executed on February 13, 2026, following proper regulatory approvals and internal authorization processes. Share Allotment Details The bank has allotted a total of 936,257 equity shares under the ICICI Bank Employees Stock Option Scheme-2000. Each share carries a face value of Rs.2, representing the bank's continued commitment to employee stock participation programs. Parameter: Details Number of Shares: 936,257 Face Value per Share: Rs.2 Allotment Date: February 13, 2026 Scheme: ICICI Bank Employees Stock Option Scheme-2000 Approval Process and Authorization The allotment received approval from two Executive Directors of the bank, with the final approval granted at 11.12 a.m. on February 13, 2026. This approval was executed under the authority delegated by the Board of Directors during their meeting held on October 21, 2023. The formal notification was signed by Chetan Pawar from the Associate Leadership Team, ensuring proper documentation and regulatory compliance for the share allotment process. Regulatory Communication ICICI Bank has formally notified both major stock exchanges about this development. The communication was sent to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Mumbai, ensuring full transparency and regulatory compliance. This allotment represents the bank's ongoing implementation of its employee stock option program, providing eligible employees with equity participation opportunities in the organization. ICICI Bank has announced a significant allotment of equity shares under its employee stock compensation program. The bank completed the allotment of 1,475,637 equity shares on February 10, 2026, representing a substantial allocation under its structured employee benefits initiative. This follows a previous smaller allotment of 21,153 shares on February 06, 2026, under a different employee stock scheme. Latest Share Allotment Details The recent equity shares allotment carries specific parameters aligned with the bank's employee stock option framework. Parameter: Details Number of Shares: 1,475,637 equity shares Face Value: ₹2 per share Allotment Date: February 10, 2026 Scheme: ICICI Bank Employees Stock Option Scheme-2000 Approval Time: 11:13 a.m. Recent ESOP Activity Comparison The bank has conducted multiple share allotments within a short timeframe under different employee schemes. Date: Shares Allotted Scheme Type Face Value February 10, 2026: 1,475,637 Stock Option Scheme-2000 ₹2 per share February 06, 2026: 21,153 Stock Unit Scheme-2022 ₹2 per share Approval Process The latest allotment received necessary corporate approvals through the bank's established governance framework. Two Executive Directors provided their approval on February 10, 2026, with the final approval recorded at 11:13 a.m. This approval was granted pursuant to powers delegated by the Board of Directors during their meeting held on October 21, 2023. Regulatory Compliance The bank has fulfilled its disclosure obligations by informing both major stock exchanges about this corporate action. The notification 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. Employee Stock Compensation Framework The allotments form part of ICICI Bank's comprehensive employee stock compensation programs, including both the Employees Stock Option Scheme-2000 and the Employees Stock Unit Scheme-2022. These schemes serve as key components of the bank's employee compensation and retention strategy, typically aiming to align employee interests with long-term shareholder value creation while providing additional compensation benefits to eligible employees. The formal documentation for the latest allotment was signed by Chetan Pawar from the Associate Leadership Team, with digital signature authentication completed at 11:21:07 on February 10, 2026. This corporate action reflects the bank's ongoing commitment to its structured employee benefit programs and adherence to regulatory disclosure requirements. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. 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