FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October, 2020
Commission File Number: 001-15002
ICICI Bank Limited
(Translation of registrant’s name into English)
ICICI Bank Towers,
Bandra-Kurla Complex
Mumbai, India 400 051
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
| Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes | No X |
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes | No X |
Indicate by check mark whether by furnishing the information
contained in this Form, the Registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934:
| Yes | No X |
If “Yes” is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g 3-2(b): Not Applicable
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:
In accordance with the captioned Regulation read with SEBI circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we confirm that there has been no deviation / variation in the use of funds raised through Qualified Institutions Placement (QIP).
We enclose herewith the statement in the format prescribed vide the above referred SEBI Circular.
ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. | Tel.: (91-22) 2653 1414 Fax: (91-22) 2653 1122 Website www.icicibank.com CIN.: L65190GJ1994PLC021012 | Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road Vadodara 390007. India |
Statement of Deviation/variation in utilisation of funds raised
| Name of listed entity | ICICI Bank Limited | |||||
| Mode of Fund Raising | QIP | |||||
| Date of Raising Funds | August 15, 2020 | |||||
| Amount Raised | Issue size: ₹ 150,000.0 million Net proceeds (after issue expense): ₹ 149,256.0 million | |||||
| Report filed for Quarter ended | September 30, 2020 | |||||
| Monitoring Agency | Not applicable (N.A.) | |||||
| Monitoring Agency Name, if applicable | N.A. | |||||
| Is there a Deviation/Variation in use of funds raised | No | |||||
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | N.A. | |||||
| If Yes, Date of shareholder Approval | N.A. | |||||
| Explanation for the Deviation/Variation | N.A. | |||||
| Comments of the Audit Committee after review | Nil | |||||
| Comments of the auditors, if any | N.A. | |||||
| Objects for which funds have been raised and where there has been a deviation, in the following table: | ||||||
| Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/ Variation for the quarter according to applicable object | Remarks if any |
Net Proceeds of the QIP will be utilised for (i) strengthening the capital adequacy ratio of the Bank (ii) improving Bank’s competitive positioning; and/ or, (iii) general corporate requirements or any other purposes, as may be permissible under the applicable law and approved by the Board or its duly constituted committee.
| N.A. | ₹ 149,256.0 million | N.A. | ₹ 149,256.0 million | N.A. | - |
| Deviation or variation could mean: |
| (a) Deviation in the objects or purposes for which the funds have been raised or |
| (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or |
| (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc |
|
| Sd/- | |
| Mumbai | Vishakha Mulye |
| October 30, 2020 | Executive Director |
| DIN-00203578 |
Table of Contents
| Item | |
| 1. | Other news |
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.
| For ICICI Bank Limited | |||||
| �� | |||||
| Date: | October 30, 2020 | By: | /s/ Vivek Ranjan | ||
| Name : | Vivek Ranjan | ||||
| Title : | Chief Manager | ||||