Federal Bank Limited has made allotments of equity shares pursuant to the exercise of stock options under various Employee Stock Option Schemes. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee and occurred on June 30, 2026 after payment by the allottees.
Specific Allotment Details:
- ESOS 2010 Scheme: 3,500 equity shares with face value of ₹2 each
- ESOS 2017 Scheme: 146,464 equity shares with face value of ₹2 each (largest allotment)
- ESOS 2023 Scheme: 41,875 equity shares with face value of ₹2 each
- ESIS 2023 Scheme: 48,955 equity shares with face value of ₹2 each
Total Allotment:
The bank allotted a total of 241,794 equity shares across all four schemes on June 30, 2026.
Signature Details:
The document is digitally signed by Samir Pravinchandra Rajdev on June 30, 2026 at 11:29:53 IST.