ICICI Bank allots shares to employees under stock option scheme

ICICI Bank Limited has informed the stock exchanges of the allotment of 125,223 equity shares, each with a face value of Rs.2. This allotment, made on October 16, 2025, falls under the provisions of the ICICI Bank Employees Stock Option Scheme-2000. The decision to approve this allotment was made by two executive directors today at 10:03 a.m., exercising power delegated by the board of directors during a meeting held on October 21, 2023.

The communication, addressed to BSE Limited and the National Stock Exchange of India Limited, was signed by Chetan Pawar, an associate leadership team member at ICICI Bank. The announcement was made from ICICI Bank's Bandra-Kurla Complex offices in Mumbai.

This issuance reflects the bank's ongoing commitment to its employee incentive programs, utilizing stock options as a component of compensation. The shares are distributed to eligible employees, aligning their interests with the company's performance and long-term growth.