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ICICI Bank hikes authorised capital to Rs 2,500 crore

ICICI Bank has increased its authorised capital by Rs 775 crore to Rs 2,500 crore.

The company has said in a regulatory filing that “The authorised capital of the company shall be Rs 2,500 crore divided in to 1000 crore equity shares of Rs 2 each, Rs 150,00,000 shares of Rs 100 each and 350 shares of Rs 100,00,000 crore each with rights privileges and conditions attached thereto…”

It has made amendments to its memorandum and articles of association to make the revision effective.

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