FEDERALBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Federal Bank has allotted 2,63,845 equity shares of Rs. 2/- face value each to option grantees who exercised their stock options. Of these, 2,000 shares were allotted under ESOS 2010 Scheme and 2,61,845 shares under ESOS 2017 Scheme. All allotments were made on May 24, 2026, after the required payment was received from the allottees. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee of the Bank.
This is a routine corporate action resulting in minor equity dilution for existing shareholders as new shares are issued to employees exercising their vested stock options. The impact on the stock is negligible.