Fedbank Financial Services Completes Share Allotment Following Exercise of Employee Stock Options
Fedbank Financial Services Ltd. has completed the allotment of equity shares following the exercise of vested stock options by grantees under its 'Employees Stock Option Scheme, 2018'. The allotment, approved on June 4, 2026, resulted in an increase in the company's paid-up equity share capital.The allotment covered 1,88,719 Equity shares, each having a face value of Rs. 10/-. This transaction led to changes in the company’s overall capital structure.
The allotment ensures that the newly issued shares rank pari-passu with all existing equity shares of the company. The company is currently working through the necessary formalities for the listing of these allotted shares.
The pre and post allotment financial details regarding the paid-up equity share capital are summarized below:
| Detail | Before Allotment | After Allotment |
|---|---|---|
| Total Equity Shares | 37,43,22,726 | 37,45,11,445 |
| Paid-up Capital | Rs. 3,74,32,27,260/- | Rs. 3,74,51,14,450/- |
| Face Value per Share | Rs. 10/- each | Rs. 10/- each |
FEDFINA Stock Price Movement
Fedbank Financial Services Limited rallied on Thursday, achieving a closing price of ₹162.05, which represented a gain of 3.34% or ₹5.24 for the day. The equity traded within an intraday range of ₹156.80 to ₹163.00, with the security seeing 663,731 shares exchanged during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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