ICICI Bank and DCB Bank Allot Shares to Employees Under ESOP – Feb 2026
Mumbai, February 17, 2026: Leading private sector banks, ICICI Bank Limited and DCB Bank Limited, have announced the allotment of equity shares to their employees under their respective Employee Stock Option Plans (ESOPs), reinforcing their commitment to reward and retain talent while fostering long-term value creation.
ICICI Bank ESOP Allotment
ICICI Bank allotted 861,046 equity shares of Rs. 2 each today under the ICICI Bank Employees Stock Option Scheme 2000. The allotment was approved by two Executive Directors at 10:41 a.m., following the powers delegated by the Board of Directors at its October 21, 2023 meeting. This move reflects ICICI Bank’s continued focus on incentivizing employees and strengthening ownership culture.
Key Details – ICICI Bank:
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Shares Allotted: 861,046
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Face Value: Rs. 2 per share
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Scheme: ICICI Bank Employees Stock Option Scheme 2000
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Date of Approval: February 17, 2026
DCB Bank ESOP Allotment
DCB Bank issued and allotted 30,150 equity shares of Rs. 10 each to its employees under its Employee Stock Option Plan (ESOP). With this allotment, the bank’s issued and paid-up share capital increased from 321,783,317 shares to 321,813,467 shares, highlighting its dedication to rewarding employee performance and long-term growth.
Key Details – DCB Bank:
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Shares Allotted: 30,150
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Face Value: Rs. 10 per share
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New Paid-Up Capital: 321,813,467 shares
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Date of Allotment: February 17, 2026
Why ESOPs Matter
Employee Stock Option Plans are strategic tools for talent retention, motivation, and aligning employees with corporate growth. Both ICICI Bank and DCB Bank leverage ESOPs to encourage employees to take ownership in the bank’s long-term success, fostering a culture of engagement, performance, and accountability.
Regulatory Compliance
Both allotments comply with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stock exchanges and shareholders.
Looking Ahead
With these ESOP allotments, ICICI Bank and DCB Bank continue to strengthen their human capital strategy, rewarding employees while supporting sustainable growth and shareholder value creation.
