ICICI Bank Allots 4.29 Lakh Equity Shares Under Employee Stock Option Scheme
ICICI Bank allots 4.29 lakh equity shares under ESOP 2000 scheme; approval granted by Executive Directors as per Board delegation.
Mumbai, ICICI Bank Limited has informed the BSE and NSE about the allotment of 429,500 equity shares with a face value of Rs 2 each under its Employees Stock Option Scheme, 2000. This allotment received approval at 10:19 a.m. on July 1, 2025, by two Executive Directors who acted based on authority granted by the company’s Board of Directors during their meeting on October 21, 2023.
This update was shared according to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank stated that the allotment was a standard procedure and part of its employee incentive program.
Mr. Chetan Vithal Pawar, representing ICICI Bank’s Associate Leadership Team, signed the disclosure.
This action further increases employee participation and shows ICICI Bank’s commitment to creating long-term value through equity-linked rewards.