Fedbank Financial Services Limited has informed the Exchange regarding allotment of 71125 securities pursuant to ESOP/ESPS at its meeting held on May 06, 2026
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Fedbank Financial Services Limited's Committee of Directors approved allotment of 71,125 equity shares (Rs. 10 face value each) on May 6, 2026, pursuant to exercise of vested stock options by employees under the company's ESOP Scheme 2018. The paid-up equity share capital increased marginally from Rs. 374.25 crore (37,42,51,601 shares) to Rs. 374.32 crore (37,43,22,726 shares). The newly allotted shares rank pari-passu with existing equity shares, and the company is completing listing formalities for these shares.
The dilution from this ESOP exercise is minimal at approximately 0.019% of total shares. While it slightly increases the equity base, the impact on earnings per share and shareholder value is negligible. This is a routine corporate action reflecting employee participation in the company's ESOP programme.