The Federal Bank Limited has informed the Exchange regarding '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 80,975 equity shares (face value Rs. 2 each) to employees who exercised their stock options under the ESOS 2017 Scheme on June 24, 2025. The allotment was approved by the Bank's Nomination, Remuneration, Ethics and Compensation Committee after receiving payment from the allottees. This is part of the Bank's ongoing employee stock option programme and results in a small increase in the total share count.
This is a routine ESOP allotment with no material impact on shareholders. The dilution from 80,975 shares is negligible relative to the Bank's overall share base, and there is no financial cost to existing shareholders.