The Federal Bank Limited has informed the Exchange about Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme

Federal Bank has allotted new equity shares to employees who exercised their stock options under the company's Employee Stock Option Scheme. This is a routine disclosure required whenever shares are issued under ESOS plans. The exact number of shares allotted and resulting dilution were not specified in the headline, but such allotments are pre-approved by shareholders and governed by the company's existing ESOS framework. Allotments like this happen periodically as employees vest and exercise their stock options.