Fedbank Financial Services Allots 24,500 Equity Shares via Employee Stock Option Exercise
Fedbank Financial Services Ltd confirmed the allotment of 24,500 equity shares following the exercise of vested stock options by its employees. The shares were allotted on April 15, 2026, under the framework of the 'Fedbank Financial Services Limited -Employees Stock Option Scheme, 2018'.The allotment was approved by the Committee of Directors (Operations) and represents an increase in the company's paid-up share capital.
The infusion of capital has modified the company’s share structure, as detailed below:
| Metric | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Share Capital | Rs. 3,74,22,71,010/- | Rs. 3,74,25,16,010/- |
| Total Equity Shares | 37,42,27,101 | 37,42,51,601 |
| Face Value Per Share | Rs. 10/- | Rs. 10/- |
The newly allotted shares are reported to rank pari-passu with the company's existing equity shares, confirming their status within the capital structure. Fedbank Financial Services Ltd also noted that the company is proceeding with the completion of necessary formalities related to the listing of these allotted shares.
FEDFINA Stock Price Movement
Today, Fedbank Financial Services Limited shares edged higher to close at ₹139.99, gaining 0.33% in after-hours trading. The equity saw substantial interest during the session, settling on a trading volume of 802,936 shares.Source:
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