FEDERALBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Federal Bank has allotted 396,119 equity shares (face value Rs. 2 each) to employees who exercised their stock options. The allotment includes 21,875 shares under the ESOS 2010 Scheme and 3,74,244 shares under the ESOS 2017 Scheme. Both allotments were completed on May 3, 2026, after receiving payment from the allottees. The exercise was approved by the Nomination, Remuneration, Ethics and Compensation Committee. This is a routine corporate action for banks with employee stock option plans.
This allotment causes minor dilution to existing shareholders' equity stake. The impact on the stock price is expected to be negligible given the small number of shares relative to total outstanding shares. It reflects standard ESOP implementation.