Fedbank Financial Services Limited has informed the Exchange regarding allotment of 168500 securities pursuant to ESOP/ESPS at its meeting held on August 22, 2025
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Fedbank Financial Services allotted 1,68,500 equity shares of Rs. 10 each to employees who exercised their vested stock options under the company's ESOP 2018 scheme. The Committee of Directors (Operations) approved this allotment at its meeting on August 22, 2025. As a result, the company's paid-up equity capital rose from Rs. 3,73,14,11,840 (37,31,41,184 shares) to Rs. 3,73,30,96,840 (37,33,09,684 shares). The newly issued shares carry equal rights as existing equity shares, and the company will now complete listing formalities for them.
This is a routine ESOP-driven share allotment, leading to a minor dilution of about 0.05%. Shareholders are unlikely to see any material impact since these options were already part of the approved employee compensation plan.