ICICI Bank Issues 1.51 Lakh Equity Shares on ESOS Exercise, Boosting Paid-Up Capital The Bridge Chronicle
Business

ICICI Bank Issues 1.51 Lakh Equity Shares on ESOS Exercise, Boosting Paid-Up Capital

Private lender expands equity base as employees exercise stock options, marginally increasing paid-up share capital

Akanksha Kumari

Mumbai: On Tuesday, ICICI Bank reported that it has issued 151,181 equity shares. These shares were allotted on 14 July 2026 under the ICICI Bank Employees Stock Option Scheme-2000.

Join our WhatsApp Channel to Stay Updated!

Share Details

Each equity share carries a nominal value of Rs 2. This issuance increases the bank’s overall equity capital base.

Approval Process

The allotment received approval from two Executive Directors on Tuesday at 10.31 a.m.

This measure was carried out under authority delegated to them by the bank’s Board of Directors, which convened on 21 October 2023.

Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions

Help Us Create the Content You Love

Take Survey Now!

Enjoyed reading The Bridge Chronicle?
Your support motivates us to do better. Follow us on Facebook, Instagram, Twitter and Whatsapp to stay updated with the latest stories.
You can also read on the go with our Android and iOS mobile app.

BRICS Treads Carefully on De-Dollarisation, Focuses on Payments

Pune: Vidyanand Bapat Issues Legal Notice to Authorities Over Ganeshotsav Pollution

Russia Seeks BRICS Counterweight to West as Modi, Putin Move to Strengthen Relations

Pune Police Announces Traffic Changes for Ganpati Idol Shopping and Installation

Pune: FDA Registration Mandatory for Ganesh Mandals Distributing Prasad

SCROLL FOR NEXT