Fedbank Financial Services Limited has informed the Exchange regarding allotment of 67400 securities pursuant to ESOP/ESPS at its meeting held on September 24, 2025
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Fedbank Financial Services has allotted 67,400 equity shares of Rs. 10 each to employees who exercised their vested stock options under the company's ESOP Scheme, 2018. The allotment was approved on September 24, 2025 by the Committee of Directors (Operations). As a result, the company's paid-up share capital has increased from Rs. 373.60 crore (37.36 crore shares) to Rs. 373.67 crore (37.37 crore shares), a marginal rise of about 0.18%. The newly issued shares will rank equally with existing shares, and the company is working on listing formalities.
This is a routine, small-scale ESOP allotment with negligible dilution (under 0.2%), so it is unlikely to have any meaningful impact on share price or shareholder value. Investors should note a minor increase in the total share count.