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 25,910 equity shares (face value Rs. 2 each) to employees who exercised their stock options. Out of these, 1,500 shares were allotted under the ESOS 2010 Scheme and 24,410 shares under the ESOS 2017 Scheme on March 25, 2026. The allotments were approved by the bank's Nomination, Remuneration, Ethics and Compensation Committee after receiving payment from the employees. This is a routine disclosure made under SEBI listing requirements whenever shares are issued under employee stock option schemes.
This allotment will cause a very minor dilution for existing shareholders due to the small number of shares issued. It has no meaningful impact on the stock price and is a standard part of the bank's employee compensation programme.