Federal Bank Limited has made an allotment of equity shares pursuant to the exercise of employee stock options under three separate schemes. The allotment was approved by the Bank's Nomination, Remuneration, Ethics and Compensation Committee and occurred after receipt of payment from the option grantees.
The specific allotments made on September 19, 2026, are as follows:
- 7,000 equity shares with a face value of ₹2 each were allotted under the ESOS 2010 Scheme
- 54,283 equity shares with a face value of ₹2 each were allotted under the ESOS 2017 Scheme
- 1,970 equity shares with a face value of ₹2 each were allotted under the ESIS 2023 Scheme
Total shares allotted: 63,253 equity shares
The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited through their respective corporate services departments. The communication was signed by Samir P Rajdev, Company Secretary of The Federal Bank Limited, on September 19, 2026, at 14:22:15 IST.