FEDERALBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Federal Bank has allotted 215,417 equity shares of Rs. 2 each to employees who exercised their stock options. Under ESOS 2010 Scheme, 3,250 shares were allotted, while the larger ESOS 2017 Scheme saw allotment of 212,167 shares. Both allotments were made on May 17, 2026, after the Nomination, Remuneration, Ethics and Compensation Committee approved the same. Employees paid the required money to receive these shares. The bank has informed NSE and BSE to take the allotment on record.
This is a routine corporate action with minimal direct impact on existing shareholders. The share count increases by a small amount (about 0.01% of outstanding shares), causing marginal dilution.