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 86,162 equity shares (face value Rs. 2 each) to employees who exercised their stock options on March 9, 2026. This includes 1,525 shares under the ESOS 2010 Scheme and 84,637 shares under the ESOS 2017 Scheme. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee after receiving payment from the allottees. This is a routine corporate action arising from the bank's employee stock option programme.
This is a minor dilution event with negligible impact on existing shareholders given the small number of shares issued relative to the bank's overall share base. The stock price is unlikely to be materially affected by this disclosure.