Federal Bank Allots Equity Shares Following Exercise of Stock Options under ESOS Schemes
The Federal Bank Limited announced the allotment of equity shares to option grantees following the exercise of stock options under its Employee Stock Option Schemes (ESOS). The allotments occurred on May 31, 2026.The allotments were made after the payment of money by the option grantees. The company detailed two separate allotments under different ESOS schemes.
The transaction data is summarized below:
| Scheme | Shares Allotted | Face Value Per Share |
|---|---|---|
| ESOS 2010 Scheme | 1,500 | Rs. 2/- |
| ESOS 2017 Scheme | 3,52,671 | Rs. 2/- |
The allotment under the ESOS 2010 Scheme involved 1,500 Equity Shares, each having a face value of Rs. 2/-. Separately, the ESOS 2017 Scheme saw the allotment of 3,52,671 Equity Shares, also with a face value of Rs. 2/- per share.
FEDERALBNK Stock Price Movement
On Friday, shares of The Federal Bank Limited slipped by 0.24% to close at ₹288.95. The stock saw significant movement in the session, closing on a volume of 239.38 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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