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 1,00,604 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 was made on June 11, 2025. This is a routine disclosure required whenever employees convert their stock options into actual shares. The number of shares allotted is very small relative to the bank's overall share capital, which runs into hundreds of crores of shares.
This is a minor, routine ESOP allotment with negligible dilution for existing shareholders and no material impact on the stock price. It signals that employees are exercising vested options, reflecting normal employee compensation activity.