Federal Bank Limited has made allotments of equity shares to option grantees following the exercise of stock options under four different employee stock option schemes. The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee and occurred on July 5, 2026 after payment by the allottees.
The specific allotments include:
- 15,710 equity shares with face value of ₹2 each allotted under ESOS 2010 Scheme
- 374,279 equity shares with face value of ₹2 each allotted under ESOS 2017 Scheme
- 22,550 equity shares with face value of ₹2 each allotted under ESOS 2023 Scheme
- 62,455 equity shares with face value of ₹2 each allotted under ESIS 2023 Scheme
Total shares allotted: 476,994 equity shares with a total face value of ₹953,988.
The disclosure was made to The National Stock Exchange of India Limited and BSE Limited for record-keeping purposes. The communication was signed by Samir P Rajdev, Company Secretary, and carries reference number SEC/ESOS/118/2026-27 dated July 5, 2026.