ICICI Bank Allots 301,187 Equity Shares Under Employee Stock Unit Scheme 2022

Mumbai: ICICI Bank Limited has announced the allotment of 301,187 equity shares of face value ₹2 each under the ICICI Bank Employees Stock Unit Scheme-2022 (ESU Scheme-2022).

According to the regulatory filing submitted to the stock exchanges, the allotment was completed on May 21, 2026, following approvals granted by two Executive Directors of the bank at 2:39 p.m., which marked the time of the final approval.

The allotment was carried out pursuant to the powers delegated by the Board of Directors during its meeting held on October 21, 2023.

Employee Stock Unit (ESU) schemes are designed to reward and retain employees by granting equity-linked incentives, aligning employee interests with the long-term growth objectives of the organization.

ICICI Bank regularly undertakes such allotments as part of its employee compensation and retention strategy, reinforcing its focus on talent development and employee participation in the bank’s growth journey.

The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable regulatory requirements.

About ICICI Bank

ICICI Bank is one of India’s leading private sector banks, offering a wide range of banking and financial services to corporate and retail customers through multiple delivery channels and specialized subsidiaries.