Federal Bank Limited has made allotments of equity shares pursuant to the exercise of employee stock options under three separate schemes. The allotments were approved by the bank's Nomination, Remuneration, Ethics and Compensation Committee and occurred on October 9, 2026 after payment by the allottees.
Allotment Details
- ESOS 2010 Scheme: 6,425 equity shares with face value of ₹2 each were allotted
- ESOS 2017 Scheme: 105,216 equity shares with face value of ₹2 each were allotted
- ESIS 2023 Scheme: 2,933 equity shares with face value of ₹2 each were allotted
Total Allotment
The bank allotted a total of 114,574 equity shares across all three employee stock option schemes.