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ICICI Bank has completed the allotment of 416,925 new equity shares, each with a face value of Rs. 2. These shares were issued under the ICICI Bank Employees Stock Option Scheme-2000. This action is a standard practice for incentivizing employees and aligning their interests with the bank's long-term performance. The allotment was formally approved by Executive Directors, leveraging powers previously delegated by the Board of Directors. This increases the total outstanding shares and supports talent retention and motivation.