[6-K] ICICI Bank Limited Current Report (Foreign Issuer)
Azul S.A. (B3: AZUL4; OTC: AZULQ) filed a Form 6-K announcing that on 31 Jul 2025 it entered into a Backstop Commitment Agreement (BCA) with certain investors covering an equity capital raise of up to US$650 million.
The backstop parties agree to purchase any unsubscribed shares, guaranteeing full capitalization, but the arrangement is subject to U.S. Bankruptcy Court approval within the company’s ongoing Chapter 11 cases. Azul will file a motion seeking such approval and will notify stakeholders once a hearing is scheduled.
- Equity raise: up to US$650 m
- Status: conditional on court approval
- Objective: strengthen liquidity during restructuring
- Operations: carrier says flights and customer service remain “seamless”
No financial or traffic metrics were provided. Management reiterated its commitment to transparency and directs stakeholders to its dedicated restructuring sites for further information.
Azul S.A. (B3: AZUL4; OTC: AZULQ) ha presentato un Modulo 6-K annunciando che il 31 luglio 2025 ha stipulato un Accordo di Impegno Backstop (BCA) con alcuni investitori per un aumento di capitale azionario fino a 650 milioni di dollari USA.
Le parti backstop si impegnano ad acquistare eventuali azioni non sottoscritte, garantendo così la piena capitalizzazione, ma l'accordo è soggetto all'approvazione del Tribunale Fallimentare degli Stati Uniti nell'ambito delle procedure di Chapter 11 in corso. Azul presenterà una mozione per ottenere tale approvazione e informerà gli stakeholder non appena sarà fissata un'udienza.
- Aumento di capitale: fino a 650 milioni di dollari USA
- Stato: condizionato all'approvazione del tribunale
- Obiettivo: rafforzare la liquidità durante la ristrutturazione
- Operazioni: la compagnia afferma che voli e servizio clienti rimangono “senza interruzioni”
Non sono stati forniti dati finanziari o sul traffico. La direzione ha ribadito il proprio impegno alla trasparenza e invita gli stakeholder a consultare i siti dedicati alla ristrutturazione per ulteriori informazioni.
Azul S.A. (B3: AZUL4; OTC: AZULQ) presentó un Formulario 6-K anunciando que el 31 de julio de 2025 firmó un Acuerdo de Compromiso Backstop (BCA) con ciertos inversores para una captación de capital accionario de hasta 650 millones de dólares estadounidenses.
Las partes backstop acuerdan comprar las acciones no suscritas, garantizando la capitalización total, pero el acuerdo está condicionado a la aprobación del Tribunal de Quiebras de EE.UU. dentro de los casos en curso bajo el Capítulo 11 de la compañía. Azul presentará una moción para solicitar dicha aprobación y notificará a las partes interesadas una vez que se programe una audiencia.
- Captación de capital: hasta 650 millones de dólares estadounidenses
- Estado: condicional a la aprobación judicial
- Objetivo: fortalecer la liquidez durante la reestructuración
- Operaciones: la aerolínea afirma que los vuelos y el servicio al cliente permanecen “sin interrupciones”
No se proporcionaron métricas financieras ni de tráfico. La dirección reiteró su compromiso con la transparencia y dirige a las partes interesadas a sus sitios dedicados a la reestructuración para más información.
Azul S.A. (B3: AZUL4; OTC: AZULQ)는 2025년 7월 31일 특정 투자자들과 최대 미화 6억 5천만 달러의 자본 증자에 관한 백스톱 약정 계약(BCA)을 체결했다고 6-K 양식을 통해 발표했습니다.
백스톱 참여자들은 미청약 주식을 인수하기로 합의하여 완전한 자본화를 보장하지만, 이 계약은 회사의 진행 중인 챕터 11 파산 절차 내에서 미국 파산 법원의 승인을 조건으로 합니다. Azul은 해당 승인을 요청하는 신청서를 제출할 예정이며, 심리가 예정되면 이해관계자들에게 통지할 것입니다.
- 자본 증자: 최대 미화 6억 5천만 달러
- 상태: 법원 승인 조건부
- 목적: 구조조정 기간 동안 유동성 강화
- 운영: 항공사는 항공편 및 고객 서비스가 “원활하게” 유지된다고 밝혔습니다
재무 또는 운항 지표는 제공되지 않았습니다. 경영진은 투명성에 대한 의지를 재확인하며, 추가 정보는 전용 구조조정 사이트를 참조하라고 이해관계자들에게 안내했습니다.
Azul S.A. (B3 : AZUL4 ; OTC : AZULQ) a déposé un formulaire 6-K annonçant que le 31 juillet 2025, elle a conclu un accord d'engagement backstop (BCA) avec certains investisseurs portant sur une levée de fonds en actions pouvant atteindre 650 millions de dollars US.
Les parties backstop s'engagent à acheter toute action non souscrite, garantissant ainsi une capitalisation complète, mais cet accord est subordonné à l'approbation du tribunal des faillites des États-Unis dans le cadre des procédures en cours au titre du Chapitre 11. Azul déposera une requête pour obtenir cette approbation et informera les parties prenantes dès qu'une audience sera programmée.
- Levée de fonds : jusqu'à 650 millions de dollars US
- Statut : conditionnel à l'approbation judiciaire
- Objectif : renforcer la liquidité pendant la restructuration
- Opérations : la compagnie affirme que les vols et le service client restent « fluides »
Aucune donnée financière ou de trafic n'a été communiquée. La direction a réaffirmé son engagement envers la transparence et invite les parties prenantes à consulter ses sites dédiés à la restructuration pour plus d'informations.
Azul S.A. (B3: AZUL4; OTC: AZULQ) reichte ein Formular 6-K ein und gab bekannt, dass am 31. Juli 2025 eine Backstop-Verpflichtungsvereinbarung (BCA) mit bestimmten Investoren über eine Kapitalerhöhung von bis zu 650 Millionen US-Dollar abgeschlossen wurde.
Die Backstop-Parteien verpflichten sich, alle nicht gezeichneten Aktien zu kaufen und so die vollständige Kapitalisierung zu garantieren, jedoch ist die Vereinbarung vorbehaltlich der Genehmigung durch das US-Insolvenzgericht im Rahmen der laufenden Chapter-11-Verfahren des Unternehmens. Azul wird einen Antrag auf diese Genehmigung stellen und die Stakeholder informieren, sobald eine Anhörung angesetzt wird.
- Kapitalerhöhung: bis zu 650 Mio. US-Dollar
- Status: bedingt durch Gerichtsentscheidung
- Ziel: Stärkung der Liquidität während der Restrukturierung
- Betrieb: Das Unternehmen erklärt, dass Flüge und Kundenservice „nahtlos“ weiterlaufen
Finanz- oder Verkehrskennzahlen wurden nicht bereitgestellt. Das Management bekräftigte sein Engagement für Transparenz und verweist die Stakeholder auf spezielle Restrukturierungsseiten für weitere Informationen.
- US$650 million backstop provides a clear funding path, supporting liquidity during Chapter 11.
- Investor participation signals external confidence in Azul’s restructuring plan.
- Commitment to maintain operations and transparency may preserve customer loyalty and brand value.
- Backstop is contingent on Bankruptcy Court approval, introducing execution risk.
- Terms such as backstop fees, pricing and potential equity dilution were not disclosed.
- Company remains under Chapter 11 protection, reflecting ongoing financial distress.
Insights
TL;DR: US$650m backstop boosts liquidity outlook, signalling investor support amid Chapter 11.
The backstop agreement materially improves Azul’s prospective liquidity profile by assuring access to new equity if the planned raise is undersubscribed. A fully funded US$650 m injection would represent a meaningful buffer versus pre-petition liabilities and working-capital needs, potentially shortening restructuring timelines and preserving franchise value. While dilution is likely, equity holders benefit from reduced insolvency risk. Court approval remains the main gating factor but, in my view, the commitment reflects creditor confidence and is incrementally positive.
TL;DR: Helpful but still conditional; restructuring risk unchanged until court signs off.
The filing offers assurance of capital support yet nothing is binding until Bankruptcy Court approval, which can be contested. Backstop terms, fees and pricing were not disclosed, leaving uncertainty around dilution and recovery values. Azul continues to operate under Chapter 11, so credit risk remains. Overall effect is neutral until execution risk is removed.
Azul S.A. (B3: AZUL4; OTC: AZULQ) ha presentato un Modulo 6-K annunciando che il 31 luglio 2025 ha stipulato un Accordo di Impegno Backstop (BCA) con alcuni investitori per un aumento di capitale azionario fino a 650 milioni di dollari USA.
Le parti backstop si impegnano ad acquistare eventuali azioni non sottoscritte, garantendo così la piena capitalizzazione, ma l'accordo è soggetto all'approvazione del Tribunale Fallimentare degli Stati Uniti nell'ambito delle procedure di Chapter 11 in corso. Azul presenterà una mozione per ottenere tale approvazione e informerà gli stakeholder non appena sarà fissata un'udienza.
- Aumento di capitale: fino a 650 milioni di dollari USA
- Stato: condizionato all'approvazione del tribunale
- Obiettivo: rafforzare la liquidità durante la ristrutturazione
- Operazioni: la compagnia afferma che voli e servizio clienti rimangono “senza interruzioni”
Non sono stati forniti dati finanziari o sul traffico. La direzione ha ribadito il proprio impegno alla trasparenza e invita gli stakeholder a consultare i siti dedicati alla ristrutturazione per ulteriori informazioni.
Azul S.A. (B3: AZUL4; OTC: AZULQ) presentó un Formulario 6-K anunciando que el 31 de julio de 2025 firmó un Acuerdo de Compromiso Backstop (BCA) con ciertos inversores para una captación de capital accionario de hasta 650 millones de dólares estadounidenses.
Las partes backstop acuerdan comprar las acciones no suscritas, garantizando la capitalización total, pero el acuerdo está condicionado a la aprobación del Tribunal de Quiebras de EE.UU. dentro de los casos en curso bajo el Capítulo 11 de la compañía. Azul presentará una moción para solicitar dicha aprobación y notificará a las partes interesadas una vez que se programe una audiencia.
- Captación de capital: hasta 650 millones de dólares estadounidenses
- Estado: condicional a la aprobación judicial
- Objetivo: fortalecer la liquidez durante la reestructuración
- Operaciones: la aerolínea afirma que los vuelos y el servicio al cliente permanecen “sin interrupciones”
No se proporcionaron métricas financieras ni de tráfico. La dirección reiteró su compromiso con la transparencia y dirige a las partes interesadas a sus sitios dedicados a la reestructuración para más información.
Azul S.A. (B3: AZUL4; OTC: AZULQ)는 2025년 7월 31일 특정 투자자들과 최대 미화 6억 5천만 달러의 자본 증자에 관한 백스톱 약정 계약(BCA)을 체결했다고 6-K 양식을 통해 발표했습니다.
백스톱 참여자들은 미청약 주식을 인수하기로 합의하여 완전한 자본화를 보장하지만, 이 계약은 회사의 진행 중인 챕터 11 파산 절차 내에서 미국 파산 법원의 승인을 조건으로 합니다. Azul은 해당 승인을 요청하는 신청서를 제출할 예정이며, 심리가 예정되면 이해관계자들에게 통지할 것입니다.
- 자본 증자: 최대 미화 6억 5천만 달러
- 상태: 법원 승인 조건부
- 목적: 구조조정 기간 동안 유동성 강화
- 운영: 항공사는 항공편 및 고객 서비스가 “원활하게” 유지된다고 밝혔습니다
재무 또는 운항 지표는 제공되지 않았습니다. 경영진은 투명성에 대한 의지를 재확인하며, 추가 정보는 전용 구조조정 사이트를 참조하라고 이해관계자들에게 안내했습니다.
Azul S.A. (B3 : AZUL4 ; OTC : AZULQ) a déposé un formulaire 6-K annonçant que le 31 juillet 2025, elle a conclu un accord d'engagement backstop (BCA) avec certains investisseurs portant sur une levée de fonds en actions pouvant atteindre 650 millions de dollars US.
Les parties backstop s'engagent à acheter toute action non souscrite, garantissant ainsi une capitalisation complète, mais cet accord est subordonné à l'approbation du tribunal des faillites des États-Unis dans le cadre des procédures en cours au titre du Chapitre 11. Azul déposera une requête pour obtenir cette approbation et informera les parties prenantes dès qu'une audience sera programmée.
- Levée de fonds : jusqu'à 650 millions de dollars US
- Statut : conditionnel à l'approbation judiciaire
- Objectif : renforcer la liquidité pendant la restructuration
- Opérations : la compagnie affirme que les vols et le service client restent « fluides »
Aucune donnée financière ou de trafic n'a été communiquée. La direction a réaffirmé son engagement envers la transparence et invite les parties prenantes à consulter ses sites dédiés à la restructuration pour plus d'informations.
Azul S.A. (B3: AZUL4; OTC: AZULQ) reichte ein Formular 6-K ein und gab bekannt, dass am 31. Juli 2025 eine Backstop-Verpflichtungsvereinbarung (BCA) mit bestimmten Investoren über eine Kapitalerhöhung von bis zu 650 Millionen US-Dollar abgeschlossen wurde.
Die Backstop-Parteien verpflichten sich, alle nicht gezeichneten Aktien zu kaufen und so die vollständige Kapitalisierung zu garantieren, jedoch ist die Vereinbarung vorbehaltlich der Genehmigung durch das US-Insolvenzgericht im Rahmen der laufenden Chapter-11-Verfahren des Unternehmens. Azul wird einen Antrag auf diese Genehmigung stellen und die Stakeholder informieren, sobald eine Anhörung angesetzt wird.
- Kapitalerhöhung: bis zu 650 Mio. US-Dollar
- Status: bedingt durch Gerichtsentscheidung
- Ziel: Stärkung der Liquidität während der Restrukturierung
- Betrieb: Das Unternehmen erklärt, dass Flüge und Kundenservice „nahtlos“ weiterlaufen
Finanz- oder Verkehrskennzahlen wurden nicht bereitgestellt. Das Management bekräftigte sein Engagement für Transparenz und verweist die Stakeholder auf spezielle Restrukturierungsseiten für weitere Informationen.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
Commission File Number: 001-15002
ICICI Bank Limited
(Translation of registrant’s name into English)
ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)
Indicate by check mark whether the registrant files
or will file
annual reports under cover Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Table of Contents
Items:
| 1. | Other news |
OTHER NEWS
Subject: Disclosure under Indian Listing Regulations
IBN
ICICI Bank Limited (the ‘Bank’) Report on Form 6-K
This has reference to our earlier letter dated January 4, 2025 wherein the Bank had disclosed an Order received from Maharashtra Goods and Service Tax (GST) Department for a demand of ₹ 26,12,07,438/- and equivalent amount of penalty and interest as applicable. The Bank had filed an appeal against the said Order.
On August 1, 2025 at 5:02 p.m., the Bank has received an Order in appeal from Maharashtra GST Department raising tax demand of ₹ 26,12,07,438/- and equivalent amount of penalty and interest as applicable. The Bank was in the process of evaluating the contents of the Order which has resulted in a delay in this disclosure.
The Bank will take appropriate steps, including contesting the order through a further appeal within prescribed timelines.
Please take the above information on record.
|
ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. |
Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 |
Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
For ICICI Bank Limited | ||||
| Date |
: August 2, 2025 |
By: | /s/ Prachiti D. Lalingkar | |
| Name: | Prachiti D. Lalingkar | |||
| Title: | Company Secretary | |||
|
ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. |
Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 |
Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India |
FAQ
How much capital is Azul (AZUL) aiming to raise under the new backstop agreement?
Why does Azul need Bankruptcy Court approval for the backstop commitment?
Will Azul’s flight operations be affected during the restructuring?
Where can stakeholders find detailed information about Azul’s Chapter 11 case?
What tickers does Azul’s stock trade under?
When was the Backstop Commitment Agreement signed?
