Federal Bank Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the allotment of equity shares through employee stock option schemes. The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee of the bank.
The bank allotted a total of 144,887 equity shares with a face value of ₹2 each to option grantees on August 30, 2026. The allotment was made after receipt of payment from the allottees and was distributed across three different employee stock option schemes:
- 17,264 equity shares allotted under the ESOS 2010 Scheme
- 123,653 equity shares allotted under the ESOS 2017 Scheme
- 2,970 equity shares allotted under the ESIS 2023 Scheme
The disclosure was filed under reference number SEC/ESOS/195/2026-27 dated August 30, 2026. The letter was digitally signed by Samir P Rajdev, Company Secretary of The Federal Bank Limited, on August 30, 2026 at 22:38:57 IST.
The filing requests both stock exchanges to take the allotment on record, indicating compliance with SEBI listing regulations regarding disclosure of corporate actions affecting share capital.