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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The Federal Bank has allotted a total of 1,17,518 equity shares (face value Rs. 2 each) on September 27, 2025, following the exercise of stock options by employees. Of these, 7,850 shares were allotted under the ESOS 2010 Scheme and 1,09,668 shares under the ESOS 2017 Scheme. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee. The shares were issued after the allottees paid the exercise price.
This is a routine ESOS allotment and represents very minor dilution relative to the bank's overall share base, so the impact on existing shareholders is negligible and no material effect on share price is expected.