ICICI Bank Allots 243,921 Equity Shares Under Employee Stock Option Scheme ICICI Bank has completed the allotment of 243,921 equity shares under its Employee Stock Option Scheme-2000 on March 17, 2026. The shares, each with a face value of Rs.2, were allocated to eligible employees as part of the bank’s ongoing employee incentive program. The allotment was approved by two Executive Directors at 10:46 a.m. on the same day, following delegation of authority from the Board of Directors during a meeting held on October 21, 2023. The bank formally notified the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about the allotment through proper regulatory channels. The equity share allotment was executed in accordance with corporate governance procedures. The bank provided comprehensive details of the allotment to stock exchanges, ensuring transparency and compliance with regulatory requirements. The approval from the Executive Directors was granted under the delegated powers from the Board, which facilitates efficient execution of employee stock option schemes while maintaining oversight. Regulatory compliance was a key aspect of the process. ICICI Bank fulfilled its obligations by notifying both BSE and NSE about the share allotment. The formal communication was signed by Prashant Mistry from the Associate Leadership Team, ensuring proper authorization and documentation of the corporate action. This step underscores the bank’s adherence to regulatory frameworks governing employee stock options. The Employee Stock Option Scheme-2000 reflects ICICI Bank’s long-standing commitment to employee participation in organizational growth. Such schemes are designed to align employee interests with shareholder value creation and serve as retention tools.#icici_bank #national_stock_exchange #prashant_mistry #bombay_stock_exchange #vivek_ranjan
Indian Stock Markets Remain Open on March 13, 2026 The Indian stock market will remain open on March 13, 2026, as it is a regular trading day with no festival, national holiday, or special observance scheduled. Both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) will operate under normal conditions, allowing investors to conduct trades in equities, derivatives, and other securities without interruption. Trading activities on March 13 will follow the standard schedule, with the pre-open session running from 9:00 AM to 9:15 AM and the regular trading session from 9:15 AM to 3:30 PM. All market segments, including equity, derivatives, and securities lending and borrowing, will remain active during these hours. Investors are advised to adhere to the standard trading hours for all transactions. The absence of a holiday on March 13 is attributed to the lack of alignment with major national or religious festivals. Indian stock exchanges typically declare holidays for significant events such as Diwali, Holi, Republic Day, or Independence Day. Since March 13 does not coincide with any such occasion, the exchanges have not scheduled a closure. While March 13 is a working day, traders should note that the month will include other holidays. For instance, the market is expected to remain closed for festivals like Holi and other observances, as outlined in the official exchange calendar. Investors are encouraged to review the updated holiday list released by NSE and BSE to plan their trading activities accordingly. Online trading platforms will remain functional even on non-trading days, allowing investors to place orders or review their portfolios. However, these orders will only be executed once the market reopens on the next trading day.#bombay_stock_exchange #march_13_2026 #indian_stock_markets #national_stock_exchange_of_india #stock_market_operations
TVS Motor Launches Orbiter V1 Electric Scooter at ₹49,999, Introduces Battery Subscription Model TVS Motor Company has expanded its electric scooter lineup with a lower-capacity variant and a battery subscription option aimed at reducing the upfront cost of EV ownership in India. The Orbiter V1 electric scooter was launched on March 12, 2026, priced at ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive subsidy) under a new Battery-as-a-Service (BaaS) model. Without BaaS, the scooter is priced at ₹84,500 under the same subsidy conditions. The announcement was made in Lucknow and simultaneously disclosed to the Bombay Stock Exchange and the National Stock Exchange. The Orbiter V1 is powered by a 1.8 kWh battery and delivers a certified IDC range of 86 km per charge. It supports charging from zero to 80% in approximately two hours and 20 minutes, making it practical for daily urban use. The scooter joins the existing Orbiter V2, which carries a 3.1 kWh battery and was launched last year to positive market reception. With the addition of the V1, TVS now offers the Orbiter in two variants catering to different range and budget requirements. On design, the V1 features an 845 mm flat-form seat built for both rider and pillion comfort, a 290 mm straight-line footboard offering legroom, and an upright handlebar intended to reduce riding fatigue. Under-seat storage stands at 34 litres, sufficient to hold two helmets. The overall design is described by TVS as modern and purposeful, prioritising function without sacrificing form. The scooter is equipped with a range of technology features. A coloured LCD instrument cluster displays incoming calls alongside standard ride information.#national_stock_exchange #bombay_stock_exchange #tvs_motor_company #gaurav_gupta #aniruddha_haldar
ICICI Bank Allots 485,368 Equity Shares Under Employee Stock Option Scheme-2000 ICICI Bank Limited has completed the allotment of 485,368 equity shares under its Employee Stock Option Scheme-2000. The shares, each with a face value of Rs.2, were allotted on March 9, 2026, following regulatory approvals and internal governance procedures. The allotment was authorized by two Executive Directors at 04.55 p.m. on the same day, under powers delegated by the Board of Directors during a meeting on October 21, 2023. The bank has formally communicated the allotment to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) through regulatory channels. The allotment marks a significant step in the bank’s employee compensation framework, reinforcing its commitment to aligning employee interests with shareholder value. The transaction was executed in compliance with all statutory requirements, ensuring transparency and adherence to governance standards. The shares were allocated as part of the ICICI Bank Employees Stock Option Scheme-2000, which provides employees with opportunities to benefit from the bank’s long-term growth. The bank’s regulatory communication included details such as the number of shares, face value, allotment date, and the specific scheme under which the shares were issued. The notification was signed by Prashant Mistry from the Associate Leadership Team and digitally authenticated on March 9, 2026, at 17:03:17 +05:30, ensuring compliance with exchange regulations. Separately, ICICI Bank also reported a block trade of shares on the NSE, reflecting its active participation in the capital market. The bank’s corporate actions, including share allotments and trades, underscore its strategic focus on balancing shareholder returns with employee incentives.#icici_bank #bombay_stock_exchange #national_stock_exchange #prashant_mistry #employee_stock_option_scheme_2000
Holi 2026: What’s Open And What’s Closed – Banks, Schools, Offices And Stock Market Holi 2026 is set to be celebrated across India with vibrant festivities, but the holiday schedule varies by state, affecting the operations of banks, schools, offices, and stock markets. In many regions, the festival will be observed on March 4, with Holika Dahan falling on March 2. The exact closure dates for institutions depend on local government notifications, as some states have declared Holi a gazetted holiday under the Negotiable Instruments Act. Schools across the country are expected to close for one or two days during the festival. In states like Bihar, Jharkhand, Haryana, Uttar Pradesh, and Delhi NCR, schools and offices will observe a restricted holiday on March 3 and a public holiday on March 4. Rajasthan typically declares a full public holiday on Holi, while Punjab schools will remain closed on March 4. In Maharashtra, schools in major cities such as Mumbai and Pune are confirmed to be closed on Dhulandi, the main day of celebration. Southern states may adjust schedules due to overlapping regional festivals like Attukal Pongala, with some schools potentially closed on March 3. Parents and students are advised to check official school communications for private institution updates. Banks will follow guidelines from the Reserve Bank of India (RBI), with closures varying by state. In Uttar Pradesh, banks will be closed on March 2 (Holika Dahan) and March 4 (Holi). On March 3, banks in Maharashtra, Madhya Pradesh, Uttarakhand, Assam, Telangana, Rajasthan, West Bengal, Goa, Bihar, Jharkhand, Kerala, and Andhra Pradesh will remain closed for Holi, Dol Jatra, or Dhulandi.#national_stock_exchange #bombay_stock_exchange #reserve_bank_of_india #holi_2026 #attukal_pongala
Stock Markets to Remain Closed on March 3 for Holi 2026 The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India will remain closed on March 3, 2026, for the festival of Holi. Despite confusion over whether Holi will fall on March 3 or 4, the markets have officially designated March 3 as the holiday. This decision aligns with the traditional celebration of Holi, which marks the arrival of spring and is widely observed across the country. The confusion stems from the varying regional dates for Holi, which is traditionally celebrated on the full moon of the Phalguna month in the Hindu calendar. However, the stock exchanges have opted for March 3 as the closure date, ensuring consistency with national observances. Other Market Holidays in 2026 In addition to Holi, the stock markets will observe several other holidays throughout the year. These include: Diwali: While Diwali falls on a Sunday in November 2026, no separate holiday is declared for the festival. However, a special trading session is scheduled for November 8, 2026, to accommodate the occasion. Christmas: December 25, 2026, will be a holiday. Other Observances: Dates for festivals like Eid, Guru Nanak Jayanti, and others will be announced in subsequent circulars. Market Volatility Amid Israel-Iran Conflict Prior to the Holi closure, the Indian stock market experienced significant volatility due to tensions between Israel and Iran. On the previous trading day, the Sensex and Nifty indices closed with sharp declines. The Sensex fell 1.29% to 80,238.85, while the Nifty dropped 1.24% to 24,865.70. Key sectors such as infrastructure, automobiles, and energy saw declines of over 2%, while defense and metals indices showed minor gains.#nifty #holi #sensex #national_stock_exchange #bombay_stock_exchange
Holi Stock Market Holiday: Share Market Closure Date Confirmed for March 2026 The stock market in India will remain closed on March 2, 2026, for the festival of Holi. However, investors are facing confusion due to the simultaneous occurrence of a lunar eclipse on March 3, 2026, which has led to uncertainty about the exact date of the festival. Traditionally, Holi is celebrated on March 2, but the lunar eclipse on March 3 has caused widespread speculation about whether the festival will be observed on the earlier date or shifted to March 4. This ambiguity has left investors unsure about whether the stock exchanges, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will be closed on March 3 or March 4. The confusion arises because lunar eclipses are considered inauspicious for public celebrations in many parts of India, leading to the possibility of Holi being postponed. However, the exact decision on the festival’s date has not been officially announced, leaving the market participants in a state of uncertainty. The situation highlights the challenges faced by investors when public holidays and astronomical events overlap, creating a need for clear communication from authorities to avoid disruptions in financial activities. Until the official announcement is made, the stock market closure date for Holi remains tied to March 2, but the potential impact of the lunar eclipse on the festival’s timing continues to cast doubt on the exact schedule.#march_2026 #holi_festival #national_stock_exchange #bombay_stock_exchange #lunar_eclipse
