ICICI Bank allots equity shares under employee scheme

ICICI Bank announced on November 21, 2025, the allotment of 24,743 equity shares, each with a face value of ₹2. These shares were issued under the ICICI Bank Employees Stock Unit Scheme-2022. The allotment reflects the bank's ongoing strategy to engage its workforce through equity participation.

The decision to allot these shares was approved by two executive directors earlier today, November 21, 2025, at 10:33 a.m. This approval was made possible by power delegated to them by the bank's board of directors during a meeting held on October 21, 2023. Prashant Jagjivan Mistry, an associate leadership team member, confirmed the allotment.

This move underscores ICICI Bank's commitment to its employee stock unit scheme, aiming to align employee interests with the bank's overall performance and growth. The timely execution of this allotment highlights the structured approach taken by the bank in its employee benefit programs.