This is a regulatory disclosure filed with the National Stock Exchange of India Limited and BSE Limited regarding the allotment of equity shares to employees upon exercise of stock options.
The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee of The Federal Bank Limited and occurred on August 16, 2026 after payment by the allottees.
Specific Allotments Made:
- 139,161 equity shares (face value of ₹2 each) allotted to Option Grantees under ESOS 2017 Scheme
- 2,625 equity shares (face value of ₹2 each) allotted to Option Grantees under ESOS 2023 Scheme
- 1,885 equity shares (face value of ₹2 each) allotted to Option Grantees under ESIS 2023 Scheme
Total Allotment:
143,671 equity shares with face value of ₹2 each were allotted across all three schemes.