UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2024
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 |
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 |
Table of Contents
| Items: | |
| 1. Other News |
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 |
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:
Please note that on March 8, 2024 at 11.27 A.M., the Bank has received an Order from Central Goods and Services Tax (CGST) Department, Maharashtra raising a GST demand of ₹ 18,91,28,743/- and levying a penalty of equivalent amount for availment of excess Input tax credit (ITC) in contravention of Section 140 of Central Goods and Services Tax Act, 2017 (CGST Act, 2017). The three days consecutive public holidays resulted in a delay in the disclosure. The Bank will be filing an appeal against the said order.
The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated July 13, 2023 are enclosed herewith as Annexure.
Please take the above information on record.
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 |
Annexure
| 1. | Name of the authority
| Joint Commissioner of CGST and Central Excise, Mumbai East Commissionerate |
| 2. | Nature and details of the action(s) taken, initiated or order(s) passed | Order in Original under section 74 of CGST Act, 2017 |
| 3. | Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | March 8, 2024 |
| 4. | Details of the violation(s)/contravention(s) committed or alleged to be committed
| Carried forward ineligible CENVAT credit under Tran-1 return in contravention of section 140 of CGST Act, 2017 |
| 5. | Impact on financial, operation or other activities of the Bank, quantifiable in monetary terms to the extent possible | GST demand of ₹ 18,91,28,743/-; Penalty of ₹ 18,91,28,743/- |
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: | March 11, 2024 | By: | |||
| Name : | Prachiti Lalingkar | ||||
| Title : | Company Secretary | ||||