Mumbai: ICICI Bank Limited has informed the stock exchanges that it has allotted 348,380 equity shares of face value ₹2 each under the ICICI Bank Employees Stock Option Scheme 2000.
The allotment was carried out on February 3, 2026, and was approved by two Executive Directors of the Bank at 10:19 a.m., which marked the time of the final approval. The approvals were granted under powers delegated by the Board of Directors at its meeting held on October 21, 2023.
The bank disclosed the allotment to BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing and disclosure regulations.
Employee stock option allotments are a regular practice among large financial institutions and are aimed at aligning employee interests with long-term shareholder value.
ICICI Bank is one of India’s largest private sector banks, with a strong presence across retail banking, corporate banking, and digital financial services.