Federal Bank Allots Equity Shares Following Exercise of Stock Options Under Employee Schemes
The Federal Bank Limited has completed the allotment of equity shares to Option Grantees following the exercise of stock options under various Employee Stock Option Schemes (ESOS and ESIS). The allotments, which were approved by the Nomination, Remuneration, Ethics and Compensation Committee, concern four distinct schemes.All the specified allotments were executed on July 18, 2026, after the payment of money by the respective allottees. All the allotted equity shares carried a face value of Rs. 2/- each.
The details regarding the allotment under the different employee stock option schemes are presented below:
| Stock Option Scheme | Date of Exercise | Total Equity Shares Allotted | Face Value Per Share |
|---|---|---|---|
| ESOS 2010 | July 18, 2026 | 1,750 | Rs. 2/- |
| ESOS 2017 | July 18, 2026 | 1,87,914 | Rs. 2/- |
| ESOS 2023 | July 18, 2026 | 2,750 | Rs. 2/- |
| ESIS 2023 | July 18, 2026 | 6,985 | Rs. 2/- |
The Federal Bank Limited confirmed the allotment of shares across these schemes as part of its employee stock option program.
FEDERALBNK Stock Price Movement
On Friday, The Federal Bank Limited shares surged, closing at ₹349 after gaining 6.55%. This rally saw the equity reach a 52-week high and was supported by substantial trading activity, with the stock exchanging hands over 44.16 million shares.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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