ICICI Bank allots 21,500 scrips under employee stock option plan

MUMBAI: ICICI Bank today said it has alloted 21,500 equity shares under the Employees Stock Option Scheme, 2000.

"ICICI Bank Ltd has informed BSE that the Bank has allotted 21,500 equity shares of face value of Rs 10 each on December 3, 2012 under the Employees Stock Option Scheme, 2000 (ESOS)," it said in a filing to the BSE.

Under the scheme, option is given to the whole-time directors, officers or employees of a company which gives them the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price.

Shares of ICICI Bank today ended at Rs 1,130.85 a share on the BSE, down 0.37 per cent from their previous close.