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ICICI Bank allots shares under employee stock scheme

December 5, 2025 at 05:29 AM UTCBy FilingReader AI

ICICI Bank has informed stock exchanges about the allotment of 23,226 equity shares, each with a face value of ₹ 2. This allotment, made on December 05, 2025, falls under the provisions of the ICICI Bank Employees Stock Unit Scheme-2022. The communication was sent to both BSE Limited and the National Stock Exchange of India Limited.

The decision to allot these shares received approval from two executive directors today at 10:13 a.m., marking the time of the last approval. This action was taken in accordance with the power delegated to them by the bank's board of directors during a meeting held on October 21, 2023. The notification was signed by Prashant Jagjivan Mistry, a member of the associate leadership team.

This allotment is a routine procedure within the framework of the employee stock unit scheme, designed to align employee interests with the company's performance. The detailed addresses for both BSE Limited in Mumbai and the National Stock Exchange in Bandra (East), Mumbai, were provided in the announcement for official record-keeping.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ICICIBANKBombay Stock Exchange

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