ICICI Bank director files initial share ownership

ICICI Bank Ltd director Madhavan Subramanian filed an initial ownership report showing his equity stake in the company.

Rhea-AI Filing Summary

ICICI Bank Ltd director Madhavan Subramanian filed an initial ownership report showing his equity stake in the company. The filing lists 5,005 Equity Shares of ICICI Bank held directly and an additional 1,005 Equity Shares held indirectly as Karta of S Madhavan HUF. This Form 3 does not report any new share purchases or sales, only the existing holdings position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Madhavan Subramanian

Role Director

Type	Security	Shares	Price	Value
holding	Equity Shares, par value Rs. 2 per share	--	--	--
holding	Equity Shares, par value Rs. 2 per share	--	--	--

Holdings After Transaction: Equity Shares, par value Rs. 2 per share — 5,005 shares (Direct); Equity Shares, par value Rs. 2 per share — 1,005 shares (Indirect, Held as Karta of S MADHAVAN HUF.)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Madhavan Subramanian report owning in ICICI Bank (IBN) on this Form 3?

He reports owning Equity Shares of ICICI Bank. The filing shows 5,005 shares held directly and 1,005 shares held indirectly as Karta of S Madhavan HUF, establishing his initial disclosed ownership position as a director.

Does this ICICI Bank (IBN) Form 3 show any insider buying or selling activity?

No, the Form 3 does not show any insider buying or selling. It is an initial ownership statement that records Madhavan Subramanian’s existing direct and indirect holdings, without reporting new transactions or changes in his share position.

How many ICICI Bank (IBN) shares does Madhavan Subramanian hold directly versus indirectly?

The filing lists 5,005 Equity Shares held directly in his own name and 1,005 Equity Shares held indirectly in a capacity described as Karta of S Madhavan HUF, distinguishing personal and HUF-related ownership.

What type of security is disclosed in this ICICI Bank (IBN) Form 3?

The Form 3 covers Equity Shares with par value Rs. 2 per share. These are ordinary equity interests in ICICI Bank Ltd, and the report specifies how many of these shares are held directly and indirectly by the reporting person.

Why is this ICICI Bank (IBN) Form 3 filing important for investors?

It identifies the initial shareholdings of a company director. By disclosing 5,005 direct and 1,005 indirect ICICI Bank shares, it provides transparency into the director’s equity stake, which helps investors understand insider alignment with shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/20/2026 - 06:34 AM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Madhavan Subramanian

(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	5,005	D
Equity Shares, par value Rs. 2 per share	1,005	I	Held as Karta of S MADHAVAN HUF.

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

Explanation of Responses:

Remarks:

Exhibit 24.1 See power of attorney attached

	/s/ Vivek Ranjan, as Attorney-in-fact	03/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)