IBN Icici Bank Ltd

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 January 2025

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

  

Subject: Disclosure under the 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 January 3, 2025 at 4:43 p.m., the Bank has received an Order from Maharashtra Goods and Services Tax (GST) Department raising GST demand of ₹ 26,12,07,438/- and equivalent amount of penalty and interest as applicable. The Bank was in the process of evaluating contents of the Order which resulted in a delay in the disclosure. The Bank will take appropriate steps, including contesting the order through an appeal within prescribed timelines.

 

The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated November 11, 2024 are enclosed herewith as Annexure.

 

Please take the above information on record.

 

 

 

 

  

 

Annexure

 

1.	Name of the authority	Maharashtra GST Department
2.	Nature and details of the action(s) taken or order(s) passed	Order in Original under Section 74 of Central Goods and Services Tax Act, 2017 (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	January 3, 2025
4.	Details of the violation(s)/ contravention(s) committed or alleged to be committed	Levy of tax under section 5 of IGST Act, 2017
5.	Impact on financial, operation or other activities of the Bank, quantifiable in monetary terms to the extent possible	GST demand of ₹ 26,12,07,438/- Penalty of ₹ 26,12,07,438/- Interest – as applicable

 

 

 

 

 

 

   

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	: January 4, 2025		By:	/s/ Rinku Maniar
				Name:	Rinku Maniar
				Title:	Head – Stakeholders Management & Governance

 

 

 

 

 

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