Fedbank Financial Services Limited has informed the Exchange regarding allotment of 50687 securities pursuant to ESOP/ESPS at its meeting held on August 07, 2025
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Fedbank Financial Services has allotted 50,687 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 by the Committee of Directors (Operations) on August 7, 2025. As a result, the paid-up share capital rose from Rs. 3,73,09,04,970 to Rs. 3,73,14,11,840, with total equity shares increasing from 37,30,90,497 to 37,31,41,184. The newly issued shares will rank equally with existing shares, and the company is completing listing formalities.
This is a routine ESOP allotment causing a very minor dilution of about 0.14% in total share count. No material impact on shareholders or stock price is expected.