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 pursuant to employee stock option exercises.
Key Quantitative Figures
The bank allotted a total of 199,399 equity shares with a face value of ₹2 each across four different stock option schemes on July 18, 2026:
- ESOS 2010 Scheme: 1,750 equity shares
- ESOS 2017 Scheme: 187,914 equity shares
- ESOS 2023 Scheme: 2,750 equity shares
- ESIS 2023 Scheme: 6,985 equity shares
Dates of Action
The allotment of all shares occurred on July 18, 2026. The disclosure letter was dated July 18, 2026, and digitally signed on the same date at 21:51:30 +05:30.
Parties Involved
The allotment was approved by the Nomination, Remuneration, Ethics and Compensation Committee of Federal Bank Limited. The option grantees (employees) made payment for the shares prior to allotment. The disclosure was signed by Samir Pravinchandra Rajdev, Company Secretary.
Capital Structure Impact
The allotment of 199,399 equity shares represents an increase in the bank's issued share capital. The disclosure does not provide specific pre-allotment or post-allotment share capital figures or dilution percentages.