[Form 3] ICICI BANK LTD Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

ICICI Bank director Rakesh Jha has filed an initial Form 3 reporting his existing holdings in ICICI Bank Ltd. The filing lists multiple stock option awards over Equity Shares with par value Rs. 2 per share, each option giving the right to apply for one share.

The derivative holdings include grants such as 198,190 stock options with an exercise price of 14.6700 and 449,500 stock options with an exercise price of 3.6500, along with several other tranches at different prices. Footnotes explain that these options were granted between 2013 and 2025 and vest in staged tranches with expirations running into the early 2030s.

Jha also reports 95,900 Equity Shares held directly. Additional small indirect holdings in Equity Shares are reported through several relatives, including positions of 176, 125, 550 and 6 shares, reflecting family-related ownership arrangements rather than new market transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Jha Rakesh

(Last) (First) (Middle)

ICICI BANK TOWERS,

BANDRA-KURLA COMPLEX

(Street)

MUMBAI K7 400051

(City) (State) (Zip)

INDIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
ICICI BANK LTD [ IBN ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Equity Shares, par value Rs. 2 per share	95,900	D
Equity Shares, par value Rs. 2 per share	176	I	Held through Anand Vijay Jha, brother-in-law of Rakesh Jha
Equity Shares, par value Rs. 2 per share	125	I	Held through Navin Ahuja, sister's husband of Rakesh Jha
Equity Shares, par value Rs. 2 per share	550	I	Held through Narendra Kumar Jha, father of Rakesh Jha
Equity Shares, par value Rs. 2 per share	6	I	Held through Shilpi Jha, sister-in-law of Rakesh Jha

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	(1)	Equity Shares, par value Rs. 2 per share	198,190(2)	$14.67(3)	D
Stock Option (Right to Buy)	(4)	(4)	Equity Shares, par value Rs. 2 per share	196,000(2)	$12.04(3)	D
Stock Option (Right to Buy)	(5)	(5)	Equity Shares, par value Rs. 2 per share	231,000(2)	$9.67(3)	D
Stock Option (Right to Buy)	(6)	(6)	Equity Shares, par value Rs. 2 per share	249,100(2)	$8.09(3)	D
Stock Option (Right to Buy)	(7)	(7)	Equity Shares, par value Rs. 2 per share	305,350(2)	$6.16(3)	D
Stock Option (Right to Buy)	(8)	(8)	Equity Shares, par value Rs. 2 per share	449,500(2)	$3.65(3)	D
Stock Option (Right to Buy)	(9)	(9)	Equity Shares, par value Rs. 2 per share	117,800(2)	$4.35(3)	D
Stock Option (Right to Buy)	(10)	(10)	Equity Shares, par value Rs. 2 per share	365,750(2)	$2.71(3)	D
Stock Option (Right to Buy)	(11)	(11)	Equity Shares, par value Rs. 2 per share	303,050(2)	$2.4(3)	D
Stock Option (Right to Buy)	(12)	(12)	Equity Shares, par value Rs. 2 per share	478,500(2)	$2.64(3)	D
Stock Option (Right to Buy)	(13)	(13)	Equity Shares, par value Rs. 2 per share	223,300(2)	$3.03(3)	D
Stock Option (Right to Buy)	(14)	(14)	Equity Shares, par value Rs. 2 per share	127,600(2)	$2.56(3)	D
Stock Option (Right to Buy)	(15)	(15)	Equity Shares, par value Rs. 2 per share	70,125(2)	$2.31(3)	D

Explanation of Responses:

1. A total of 198,190 stock options granted on April 17, 2025 and vesting in three tranches: (i) 59,457 vesting on April 17, 2026 and expiring on April 16, 2031, (ii) 59,457 vesting on April 17, 2027 and expiring on April 16, 2032, and (iii) 79,276 vesting on April 17, 2028 and expiring on April 16, 2033.

2. Each stock option represents the contingent right to apply for one Equity Share.

3. The exercise prices of the stock options are denominated in Rupee and translated for convenience only into USD at the rate of INR92.47 to US$1.00, the exchange rate set forth int he H.10 statistical release of the Federal Reserve Board on March 13, 2026.

4. A total of 196,000 stock options granted on April 26, 2024 and vesting in three tranches: (i) 58,800 vested on April 26, 2025 and expiring on April 25, 2030, (ii) 58,800 vesting on April 26, 2026 and lapsing on April 25, 2031, and (iii) 78,400 vesting on April 26, 2027 and expiring on April 25, 2032.

5. A total of 231,000 stock options granted on April 21, 2023 and vesting in three tranches: (i) 69,300 vested on April 21, 2024 and expiring on April 20, 2029, (ii) 69,300 vested on April 21, 2025 and expiring on April 20, 2030, and (iii) 92,400 vesting on April 21, 2026 and expiring on April 20, 2031.

6. A total of 249,100 stock options granted on April 23, 2022 and vesting in three tranches: (i) 74,730 vested on April 23, 2023 and expiring on April 22, 2028, (ii) 74,730 vested on April 23, 2024 and expiring on April 22, 2029, and (iii) 99,640 vested on April 23, 2025 and expiring on April 22, 2030.

7. A total of 305,350 stock options granted on April 24, 2021 and vesting in three tranches: (i) 91,605 vested on April 24, 2022 and expiring on April 23, 2027, (ii) 91,605 vested on April 24, 2023 and expiring on April 23, 2028, and (iii) 122,140 vested on April 24, 2024 and expiring on April 23, 2029.

8. A total of 449,500 stock options granted on May 9, 2020 and vesting in three tranches: (i) 134,850 vested on May 9, 2021 and expiring on May 8, 2026, (ii) 134,850 vested on May 9, 2022 and expiring on May 8, 2027, and (iii) 179,800 vested on May 9, 2023 and expiring on May 8, 2028.

9. A total of 294,500 stock options granted on May 6, 2019 and vesting in three tranches: (i) 88,350 vested on May 6, 2020 and expired on May 5, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 88,350 vested on May 6, 2021 and expiring on May 5, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iii) 117,800 vested on May 6, 2022 and expiring on May 5, 2027.

10. A total of 365,750 stock options granted on May 3, 2017 and vesting in three tranches: (i) 109,725 vested on May 3, 2018 and expiring on May 2, 2028, (ii) 109,725 vested on May 3, 2019 and expiring on May 2, 2029, and (iii) 146,300 vested on May 3, 2020 and expiring on May 2, 2030.

11. A total of 303,050 stock options granted on April 28, 2016 and vesting in three tranches: (i) 90,915 vested on April 28, 2017 and expiring on April 27, 2027, (ii) 90,915 vested on April 28, 2018 and expiring on April 27, 2028, and (iii) 121,220 vested on April 28, 2019 and expiring on April 27, 2029.

12. A total of 478,500 stock options granted on September 16, 2015 and vesting in two tranches: (i) 239,250 vested on April 30, 2018 and expiring on April 29, 2028 and (ii) 239,250 vested on April 30, 2019 and expiring on April 29, 2029.

13. A total of 319,000 stock options granted on April 27, 2015 and vesting in three tranches: (i) 95,700 vested on April 27, 2016 and expiring on April 26, 2026, which have been fully exercised by the Reporting Person prior to expiration, (ii) 95,700 vested on April 27, 2017 and expiring on April 26, 2027, and (iii) 127,600 vested on April 27, 2018 and expiring on April 26, 2028.

14. A total of 319,000 stock options granted on April 25, 2014 and vesting in three tranches: (i) 95,700 vested on April 25, 2015 and expired on April 24, 2025, which have been fully exercised by the Reporting Person prior to expiration, (ii) 95,700 vested on April 25, 2016 and expiring on April 24, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iii) 127,600 vested on April 25, 2017 and expiring on April 24, 2027.

15. A total of 233,750 stock options granted on April 26, 2013 and vesting in four tranches: (i) 46,750 vested on April 26, 2014 and expiring on April 25, 2024, which have been fully exercised by the Reporting Person prior to expiration, (ii) 46,750 vested on April 26, 2015 and expiring on April 25, 2025, which have been fully exercised by the Reporting Person prior to expiration, (iii) 70,125 vested on April 26, 2016 and expiring on April 25, 2026, which have been fully exercised by the Reporting Person prior to expiration, and (iv) 70,125 vested on April 26, 2017 and expiring on April 25, 2027.

Remarks:

Exhibit 24.1. See power of attorney attached

	/s/ Vivek Ranjan, as Attorney-in-fact	03/18/2026
	** Signature of Reporting Person	Date
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* Form 3: SEC 1473 (03-26)