ICICI Bank (NYSE: IBN) ends consolidation of ICICI Strategic Investments Fund

Rhea-AI Filing Summary

ICICI Bank Limited filed an update explaining a change in its group structure. ICICI Venture Funds Management Company Limited, a wholly owned subsidiary, manages ICICI Strategic Investments Fund. ICICI Bank previously held 100% of this fund’s units, so the fund’s financials were consolidated with the bank’s financial statements under Accounting Standard 21.

The filing states that all residual units of ICICI Strategic Investments Fund have been redeemed, and the fund now ceases to be a group entity of ICICI Bank. This means the bank will no longer consolidate the fund’s financial results with its own going forward.

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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 2026

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      

Table of Contents

Items:

1. Other news

OTHER NEWS

Sub:  Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Bank has made the below announcements to the Indian stock exchanges:

ICICI Venture Funds Management Company Limited, a wholly owned subsidiary of ICICI Bank Limited (the Bank), manages ICICI Strategic Investments Fund (the Fund). Since the Bank held 100% units in the Fund, the financials of the Fund were being consolidated with the financials of the Bank as per Accounting Standard 21.

All residual units of the Fund have been redeemed today. Accordingly, the Fund ceases to be a Group entity of the Bank.

We request you to take the same on record.

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icici.bank.in Website www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India

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 25, 2026	By:	/s/ Vivek Ranjan
			Name:	Vivek Ranjan
			Title:	Associate Leadership Team

ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icici.bank.in Website www.icici.bank.in CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India

FAQ

What structural change did ICICI Bank (IBN) report in this 6-K?

ICICI Bank reported that all residual units of ICICI Strategic Investments Fund were redeemed. As a result, the fund no longer qualifies as a group entity, so its financial statements will not be consolidated with ICICI Bank’s accounts under Accounting Standard 21.

Why was ICICI Strategic Investments Fund previously consolidated with ICICI Bank’s financials?

The fund was consolidated because ICICI Bank held 100% of its units. Full ownership meant ICICI Strategic Investments Fund met the criteria under Accounting Standard 21 for consolidation, so its assets, liabilities and results were combined into ICICI Bank’s group financial statements.

What does it mean that ICICI Strategic Investments Fund ceases to be a group entity?

Ceasing to be a group entity means the fund is no longer part of ICICI Bank’s consolidated group. After redeeming all residual units, ICICI Bank no longer treats the fund as a subsidiary for accounting purposes and will stop including its financial results in consolidated reports.

Who manages ICICI Strategic Investments Fund mentioned in ICICI Bank’s (IBN) filing?

ICICI Strategic Investments Fund is managed by ICICI Venture Funds Management Company Limited. This manager is a wholly owned subsidiary of ICICI Bank, so the fund was historically part of the broader ICICI group structure until the redemption of its remaining units.

Does the 6-K say why ICICI Bank redeemed the fund’s residual units?

The filing states that all residual units of ICICI Strategic Investments Fund have been redeemed but does not explain the reasons. It focuses on the accounting impact that the fund ceases to be a group entity and will no longer be consolidated with ICICI Bank’s financials.