The Federal Bank Limited has informed the Exchange regarding 'Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme'.
FEDERALBNK · price
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The Federal Bank has allotted 1,25,905 equity shares with a face value of Rs. 2 each to employees who exercised their stock options under the ESOS 2017 Scheme. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee and took place on May 17, 2025, after the option grantees made the required payments. This is a routine disclosure under SEBI's ESOP regulations informing the stock exchanges of share allotments. The number of shares allotted is small relative to the bank's overall share base, indicating a minor dilution.
This is a routine, small-scale ESOP allotment with negligible dilution impact. Shareholders should not see any meaningful change in share value; it simply reflects employees exercising vested stock options.