Key Quantitative Figures

The bank allotted a total of 404,565 equity shares with a face value of ₹2 each.

The allotment was broken down into two distinct transactions:

  • 10,000 equity shares were allotted under the ESOS 2010 Scheme.
  • 3,94,565 equity shares were allotted under the ESOS 2017 Scheme.

Dates of Action

The allotment of shares for both schemes occurred on June 16, 2026.

The formal disclosure letter was issued and digitally signed on the same date, June 16, 2026.

Parties Involved

  • Issuer: The Federal Bank Limited
  • Recipients: Option Grantees (employees)
  • Approving Authority: The bank's Nomination, Remuneration, Ethics and Compensation Committee
  • Recipients of the Disclosure: The National Stock Exchange of India Limited (NSE) and BSE Limited

Purpose and Rationale

The allotment was made pursuant to the bank's pre-established Employee Stock Option Schemes (ESOS 2010 and ESOS 2017) after the recipients (option grantees) made the required payment.

Capital Structure Impact

The issuance of 404,565 new equity shares will result in a minor dilution of the bank's existing share capital. The disclosure does not provide specific pre or post-allotment share capital figures.