ICICI Bank allots shares under employee stock option scheme
ICICI Bank has announced the allotment of 503,178 equity shares, each with a face value of Rs.2, on December 9, 2025. This allotment was made under the ICICI Bank Employees Stock Option Scheme-2000. The decision underscores the bank's continued use of employee stock option plans as a key component of its compensation and incentive structure.
The allotment was approved today, December 9, 2025, by two executive directors at 10:40 a.m. This approval was granted pursuant to the power delegated by the bank's board of directors during a meeting held on October 21, 2023. The timely execution of this allotment reflects the bank's adherence to its internal governance procedures and its commitment to rewarding employees.
The announcement was formally communicated to both BSE Limited and the National Stock Exchange of India Limited by Chetan Pawar, associate leadership team at ICICI Bank. The communication ensures transparency and compliance with regulatory disclosure requirements for listed entities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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