FEDERALBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Federal Bank has allotted equity shares to employees who exercised their stock options under two ESOS schemes. Under ESOS 2010, 6,165 shares of Rs. 2 each were allotted on May 9, 2026. Under ESOS 2017, 2,23,722 shares of Rs. 2 each were allotted on the same date. The total allotment is 2,29,887 equity shares after receiving payment from option grantees. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee.
This is a routine internal allotment of shares to employees and represents a minor dilution of existing shareholder equity. The impact on stock price is negligible as this is standard practice for companies with employee stock option schemes.