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
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The Federal Bank has allotted 2,14,216 equity shares with a face value of Rs. 2 each to employees who exercised their stock options under the ESOS 2017 Scheme on May 4, 2025. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee after the employees paid the required exercise price. This is a routine disclosure informing the exchanges (NSE and BSE) about the share issuance. The shares are being issued from the bank's existing ESOP pool.
This is a minor dilution event (2.14 lakh shares on a bank with a large equity base) and is part of routine employee compensation. Shareholders should see negligible impact on earnings per share or stock price from this allotment.