ICICI Bank (ICICIBANK) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

ICICI Securities' scheme of arrangement with ICICI Bank has become effective as of March 11, 2025. The Board approved March 24, 2025 as the Record Date for determining eligible public shareholders. On this date, ICICI Securities shares will be cancelled and exchanged for new ICICI Bank equity shares at a predetermined swap ratio. This merger consolidates the securities subsidiary into the parent bank.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

ICICI Bank allotted 516,121 equity shares at face value of ₹2 per share on March 11, 2025 under the ESOP-2000 scheme. Two Executive Directors approved the allotment based on delegated Board authority from October 21, 2023. This represents routine ESOP execution for employee stock compensation.

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About ICICI Bank Limited (ICICIBANK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹8,92,242 Cr P/E: 15.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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