Fedbank Financial Services Limited has informed the Exchange regarding Allotment of 80813 Shares.
FEDFINA · price
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Fedbank Financial Services Limited has allotted 80,813 equity shares of face value Rs. 10 each to its employees who exercised their vested stock options under the company's ESOP Scheme 2018. This allotment was approved by the Committee of Directors (Operations) on March 9, 2026. As a result, the company's paid-up share capital has increased from Rs. 3,74,12,52,880 (37,41,25,288 shares) to Rs. 3,74,20,61,010 (37,42,06,101 shares). The newly issued shares will rank equally with existing equity shares, and the company is completing listing formalities.
This is a routine, minor ESOP allotment representing about 0.02% dilution to existing shareholders. It is unlikely to have any meaningful impact on the stock price or shareholder value, though it slightly expands the share count.