The Federal Bank Limited has informed the Exchange regarding 'Allotment of Equity Shares on exercise of Stock options pursuant to Employee Stock Option Scheme'.
FEDERALBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Federal Bank has allotted 1,24,142 equity shares with a face value of Rs. 2 each to its employees upon exercise of stock options under the ESOS 2017 Scheme. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee and took place on May 9, 2025. This is part of the bank's regular employee stock option programme. The number of shares allotted is very small compared to the bank's overall equity base, resulting in minimal dilution.
This is a routine ESOP allotment with negligible dilution for existing shareholders. No meaningful impact on stock price is expected as the number of new shares is insignificant relative to the bank's total share capital.