ICICI Bank Reappoints Executive Director for Two Years Following RBI Approval
ICICI Bank Limited has confirmed the re-appointment of Mr. Ajay Kumar Gupta as an Executive Director, a decision following approval from the Reserve Bank of India (RBI). The appointment covers a period of two years and is set to take effect starting November 27, 2026.The Board of ICICI Bank had previously unanimously approved the re-appointment of Mr. Ajay Kumar Gupta for an additional two years. The intended term runs from November 27, 2026, until November 26, 2028.
As of July 31, 2026, RBI has approved the re-appointment of Mr. Ajay Kumar Gupta for the two-year period, effective from November 27, 2026. The re-appointment remains subject to the satisfaction of shareholder approvals and other necessary prerequisites.
The bank plans to seek shareholder approval for the appointment during its Annual General Meeting, which is scheduled for August 21, 2026.
ICICIBANK Stock Price Movement
Today, ICICI Bank Limited shares edged higher to close at ₹1435.4, finishing up 0.10% in trading. The stock traded within a narrow range between an intraday low of ₹1431.4 and a high of ₹1441.9, with a total volume of 8.75 million shares recorded today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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