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 1,77,242 equity shares with a face value of Rs. 2 each to employees who exercised their stock options under the ESOS 2017 Scheme. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee and was completed on February 28, 2026. This is a routine disclosure informing the exchanges (NSE and BSE) of shares being issued to option grantees upon their exercise.
This is a routine ESOS allotment with a relatively small number of shares (1.77 lakh), leading to a marginal dilution of equity. It is unlikely to have any material impact on the stock price or existing shareholders.