ICICI Bank lifts ICICI Prudential Life stake to 52.8%

ICICI Bank has invested about ₹14.70 billion to raise its stake in ICICI Prudential Life Insurance to roughly 52.8%.

Rhea-AI Filing Summary

ICICI BANK LTD (IBN) reports that it has increased its ownership in its subsidiary ICICI Prudential Life Insurance Company Limited. Between July 22, 2026 and September 2, 2026, the bank purchased 29,015,693 equity shares of ICICI Life with a face value of ₹10 each through the stock exchange mechanism.

These purchases represent approximately 2.00% of ICICI Life’s equity share capital as of June 30, 2026, for a total consideration of about ₹14.70 billion. Following these transactions, ICICI Bank’s shareholding in ICICI Life stands at approximately 52.8%.

Filing Explained

The Bank says its previously disclosed acquisition of up to 2% in ICICI Life was completed as of September 2, 2026, confirming that the additional stake is no longer merely intended capacity; the Bank’s resulting holding is approximately 52.8%.

Key Figures

ICICI Life shares acquired: 29,015,693 shares Total consideration for ICICI Life shares: ₹14.70 billion Incremental stake acquired in ICICI Life: 2.00% of equity share capital +3 more

6 metrics

ICICI Life shares acquired 29,015,693 shares Equity shares of ICICI Prudential Life Insurance Company Limited acquired between July 22, 2026 and September 2, 2026

Total consideration for ICICI Life shares ₹14.70 billion Approximate amount paid to acquire 29,015,693 ICICI Life shares

Incremental stake acquired in ICICI Life 2.00% of equity share capital Portion of ICICI Life’s equity share capital as of June 30, 2026 represented by the acquired shares

Post-transaction shareholding in ICICI Life 52.8% ICICI Bank’s approximate shareholding in ICICI Prudential Life Insurance Company Limited after the purchases

Face value per ICICI Life share ₹10 per share Face value of each equity share of ICICI Prudential Life Insurance Company Limited acquired

Acquisition window July 22, 2026 to September 2, 2026 Period during which multiple tranches of ICICI Life shares were purchased

Key Terms

Report on Form 6-K, Indian Listing Regulations, equity share capital, stock exchange mechanism

4 terms

Report on Form 6-K regulatory

"ICICI Bank Limited (the ‘Bank’) Report on Form 6-K"

A report on Form 6-K is a document foreign companies file with the U.S. securities regulator to share important updates—like financial results, management changes, or material announcements—when those items occur. For investors it acts like a timely notice or bulletin, giving access to material information about a non-U.S. issuer so market participants can make informed decisions, similar to how an accident report quickly informs people about an unexpected event.

Indian Listing Regulations regulatory

"Subject: Disclosure under Indian Listing Regulations"

equity share capital financial

"representing approximately 2.00% of ICICI Life’s equity share capital at June 30, 2026"

stock exchange mechanism market

"for an approximate consideration of ₹ 14.70 billion, through the stock exchange mechanism"

FAQ

What did ICICI BANK LTD (IBN) announce in this Form 6-K?

ICICI Bank announced that it has completed purchases of 29,015,693 equity shares of ICICI Prudential Life Insurance Company Limited, representing about 2.00% of ICICI Life’s equity share capital as of June 30, 2026, through multiple tranches executed on the stock exchange.

How much did ICICI BANK LTD (IBN) spend to increase its stake in ICICI Prudential Life?

ICICI Bank spent an approximate consideration of ₹14.70 billion to acquire 29,015,693 equity shares of ICICI Prudential Life Insurance Company Limited, executed through the stock exchange mechanism over several tranches between July 22, 2026 and September 2, 2026.

What is ICICI BANK LTD (IBN)’s new ownership percentage in ICICI Prudential Life?

Following the acquisitions, ICICI Bank’s shareholding in ICICI Prudential Life Insurance Company Limited stands at approximately 52.8% of ICICI Life’s equity share capital, based on the equity share capital position as of June 30, 2026.

Over what period did ICICI BANK LTD (IBN) acquire the additional ICICI Prudential Life shares?

ICICI Bank acquired the additional shares of ICICI Prudential Life Insurance Company Limited in multiple tranches executed between July 22, 2026 and September 2, 2026, using the stock exchange mechanism.

What portion of ICICI Prudential Life’s equity did the new ICICI BANK LTD (IBN) purchase represent?

The new purchase of 29,015,693 equity shares of ICICI Prudential Life Insurance Company Limited represented approximately 2.00% of ICICI Life’s equity share capital as of June 30, 2026.

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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 September 2026

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. Others

 

OTHER NEWS

Subject: Disclosure under Indian Listing Regulations

IBN

ICICI Bank Limited (the ‘Bank’) Report on Form 6-K

The Bank has made the below announcement to the Indian stock exchanges:

This is further to the disclosures made by ICICI Bank Limited (the Bank) on February 28, 2026 and June 24, 2026 in connection with acquisition of additional shareholding of upto 2% in its subsidiary, ICICI Prudential Life Insurance Company Limited (ICICI Life).

The Bank has, through multiple tranches executed between July 22, 2026 and September 2, 2026, completed the purchase of 29,015,693 equity shares of face value of ₹ 10/- each of ICICI Life, representing approximately 2.00% of ICICI Life’s equity share capital at June 30, 2026, for an approximate consideration of ₹ 14.70 billion, through the stock exchange mechanism. Following this, the Bank’s shareholding in ICICI Life stands at approximately 52.8%.

Please take the above information on record.

  

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	: September 2, 2026		By:	/s/ Prachiti Lalingkar
				Name :	Prachiti Lalingkar
				Title    :	Company Secretary