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 1,68,223 equity shares with a face value of Rs. 2 each to option grantees under its ESOS 2017 Scheme. The allotment was made on July 31, 2025, after receiving payments from the allottees and was approved by the Nomination, Remuneration, Ethics and Compensation Committee. This is a routine disclosure informing the exchanges of share issuances arising from employee stock option exercises. The shares are being allotted directly to employees, not through the market.
This is a minor dilution from employee stock options and is unlikely to materially affect the stock price. Shareholders should note a small increase in the total share count, which is a normal part of ESOP plans.