# EDGAR Filing Document

**Accession Number:** 0001103838
**File Stem:** 0000950103-23-005161
**Filing Date:** 2023-3
**Character Count:** 6681
**Document Hash:** e3289c8309a33e8ba4b4246f9b69db49
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-23-005161.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0000950103-23-005161

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230331

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ICICI BANK LTD
- **CENTRAL INDEX KEY:** 0001103838
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-15002
- **FILM NUMBER:** 23785910

**BUSINESS ADDRESS:**
- **STREET 1:** ICICI BANK TOWERS
- **STREET 2:** BANDRA-KURLA COMPLEX
- **CITY:** MUMBAI
- **STATE:** K7
- **ZIP:** 400 051
- **BUSINESS PHONE:** 91-22-2653-8900

**MAIL ADDRESS:**
- **STREET 1:** ICICI BANK TOWERS
- **STREET 2:** BANDRA-KURLA COMPLEX
- **CITY:** MUMBAI
- **STATE:** K7
- **ZIP:** 400 051

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ICICI BANKING CORP LTD
- **DATE OF NAME CHANGE:** 20000120

**FORM 6-K**

**SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549** 

**Report of Foreign Issuer** 

**Pursuant to Rule 13a-16 or 15d-16 of<br> the Securities Exchange Act of 1934** 

For the month March, 2023<br>Commission File Number: 001-15002

**ICICI Bank Limited** <br> (Translation of registrant's name into English)

ICICI Bank Towers,<br> Bandra-Kurla Complex<br> Mumbai, India 400 051<br> (Address of principal executive office)

Indicate by check mark whether the registrant files or will file<br> annual reports under cover Form 20-F or Form 40-F.

Form 20-F <u>X</u> Form 40-F<u> </u>

Indicate by check mark if the registrant is submitting the Form 6-K<br> in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes<u> </u> No <u>X</u> 

Indicate by check mark if the registrant is submitting the Form 6-K<br> in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes<u> </u> No <u>X</u> 

Indicate by check mark whether by furnishing the information<br> contained in this Form, the Registrant is also thereby furnishing the<br> information to the Commission pursuant to Rule 12g3-2(b)<br> under the Securities Exchange Act of 1934:

Yes<u> </u> No <u>X</u> 

If "Yes" is marked, indicate below the file number assigned to the registrant in<br> connection with Rule 12g 3-2(b): <u>Not Applicable</u>

**Table of Contents**

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| **<u>Item</u>** |  |
| 1. | Other news |

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![](image_006.gif)

**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:

We wish to inform you that ICICI Bank Limited (the "Bank") has entered into an agreement dated March 31, 2023 in relation to an Investment in the equity shares and compulsorily convertible preference shares ("CCPS") of Propertypistol Realty Private Limited ("PRPL" or "the Company").

Pursuant to Regulation 30 read with para A of part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to provide the following disclosure:

a. Name
 of the target entity, details in brief such as size, turnover etc. Propertypistol Realty Private Limited Turnover (6M-2023 provisional): ₹
 880.7 million PAT (6M-2023 provisional): ₹
 185.3 million

b. Whether the
 acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest
 in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length" This transaction does not constitute
 a related party transaction. ICICI Bank has no promoters. ICICI Bank and
 its subsidiaries in the normal course of business may have business dealings with Propertypistol Realty Private Limited at an arm's
 length.

c. Industry
 to which the entity being acquired belongs Propertypistol
 Realty Private Limited operates 'Propertypistol' platform, which provides purchase, sale and value added services for
 residential properties. It leverages technology to aggregate properties and offer seamless transaction experience to homebuyers.

d. Objects and
 effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) Financial
 Investment

e. Brief details
 of any governmental or regulatory approvals required for the acquisition Since
 the acquisition of shareholding is below 10%, regulatory approval is not required.

f. Indicative time
 period for completion of the acquisition End
 of April 2023

g. Nature
 of consideration - whether cash consideration or share swap and details of the same Cash
 consideration of ~₹ 225.0 million

h. Cost
 of acquisition or the price at which the shares are acquired Cash
 consideration of ~ ₹ 225.0 million for 9.50% shareholding of Propertypistol Realty Private Limited

i. Percentage
 of shareholding / control acquired and / or number of shares acquired Post investment,
 ICICI Bank will hold 9.50% shareholding in Propertypistol Realty Private Limited through subscription of 100 equity shares and 1,28,674
 CCPS (Compulsorily Convertible Preference Shares).

j. Brief
 background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years
 turnover, country in which the acquired entity has presence and any other significant information (in brief) Propertypistol
 Realty Private Limited Date of Incorporation:
 August 25, 2012 History of last
 3 years turnover: FY2020: ₹
 478.0 million FY2021: ₹
 539.8 million FY2022: ₹
 1031.1 million Country of presence:
 India, UAE

We request you to kindly 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.

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For ICICI Bank Limited** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For ICICI Bank Limited** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**For ICICI Bank Limited** |
| Date: | March 31, 2023 | By: | &nbsp;&nbsp;&nbsp; **Vivek Ranjan** | &nbsp;&nbsp;&nbsp; **Vivek Ranjan** |
|  |  |  | Name : | &nbsp;&nbsp;&nbsp;&nbsp;Vivek Ranjan |
|  |  |  | Title : | &nbsp;&nbsp;&nbsp;&nbsp;Chief Manager |

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