Federal Bank Limited submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the allotment of equity shares following the exercise of employee stock options.
The disclosure, with reference number SEC/ESOS/94/2026-27 dated June 09, 2026, states that the allotments were made after receiving payment from the allottees and were approved by the Bank's Nomination, Remuneration, Ethics and Compensation Committee.
Specific Allotments
- ESOS 2010 Scheme: Allotment of 2,625 (Two Thousand Six Hundred and Twenty-Five) Equity Shares with a face value of ₹2 each to Option Grantees on June 09, 2026.
- ESOS 2017 Scheme: Allotment of 735,764 (Seven Lakh Thirty-Five Thousand Seven Hundred and Sixty-Four) Equity Shares with a face value of ₹2 each to Option Grantees on June 09, 2026.
Total Allotment
The total number of equity shares allotted across both schemes is 738,389 shares.
The letter was signed by Samir P Rajdev, Company Secretary of The Federal Bank Limited, and digitally signed by Samir Pravinchandra Rajdev on June 09, 2026, at 19:09:18 IST.
The disclosure was made for record-keeping purposes with the exchanges.