ICICI Bank Limited (ICICIBANK) — Board Meeting | 17 April 2025(2 announcements)
ICICI Bank completed the sale of its entire 19% shareholding in ICICI Merchant Services Private Limited (now Fiserv Merchant Solutions Private Limited) to First Data entities on April 17, 2025, as per the share purchase agreement executed in March 2025. IMSPL has ceased to be an associate of the Bank effective immediately. The transaction, initially approved in December 2024, concludes the Bank's divestment of this merchant services subsidiary.
ICICI Bank allotted 8,024 equity shares of face value ₹2 each on April 17, 2025 under the Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors pursuant to Board delegation from October 21, 2023. This represents routine ESOP execution for employee compensation.
About ICICI Bank Limited (ICICIBANK)
Financial Services · Banks · Listed on NSE
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🔥 Also filed on 17 April 2025
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