The Federal Bank Limited has informed the Exchange about Allotment of equity shares on exercise of Stock Options pursuant to Employee Stock Options Scheme.
FEDERALBNK · price
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The Federal Bank has allotted 1,87,282 equity shares with a face value of Rs. 2 each to option grantees under its ESOS 2017 Scheme. The allotment was made on July 10, 2025, after receiving the exercise price from the employees. This is a routine disclosure required whenever employees exercise their stock options. The shares were allotted based on approval from the bank's Nomination, Remuneration, Ethics and Compensation Committee.
This is a routine ESOP exercise announcement with a small dilution impact (under 0.1% of share capital). No material impact on shareholders or stock price is expected, though there is a minor dilutive effect from the new share issuance.