The Federal Bank Limited has informed the Exchange about Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme
FEDERALBNK · price
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Federal Bank has allotted a total of 3,19,613 equity shares (face value Rs. 2 each) to employees upon exercise of stock options on March 15, 2026. Of these, 5,920 shares were allotted under the ESOS 2010 Scheme and 3,13,693 shares under the ESOS 2017 Scheme. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee after receiving payments from the allottees. This is a routine disclosure under the bank's employee stock option programmes.
This is a minor, routine allotment with a small number of shares relative to the bank's overall share base, so it is unlikely to materially affect the stock price. It results in a marginal dilution of equity and reflects ongoing employee compensation activity under existing ESOS schemes.