ICICI Bank Allots 4.85 Lakh Shares Under ESOP 2026

Mumbai, 9 March 2026: ICICI Bank Limited has allotted 485,368 equity shares of face value Rs. 2 each under its Employees Stock Option Scheme (ESOP) 2000. The allotment was formally approved today by the bank’s two Executive Directors at 4:55 PM, following the authority delegated by the Board of Directors in October 2023.

This move reflects ICICI Bank’s continued focus on employee wealth creation, retention, and incentivization, strengthening engagement and aligning employee interests with the long-term growth of the bank. ESOP schemes remain an important tool for rewarding performance and fostering loyalty among key contributors in the banking sector.

ICICI Bank, one of India’s leading private sector banks, has consistently leveraged ESOPs to attract and retain talent while promoting a performance-driven culture. The latest allotment underscores the bank’s commitment to recognizing and rewarding its workforce for contributing to its sustainable growth and operational excellence.