Federal Bank Allots Equity Shares Under Employee Stock Option Schemes
Federal Bank Limited announced the allotment of equity shares following the exercise of stock options under its Employee Stock Option Schemes (ESOS). The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee.On March 23, 2026, the bank allotted 6,100 equity shares with a face value of Rs. 2 each under the ESOS 2010 Scheme. Additionally, 2,11,112 equity shares, also with a face value of Rs. 2 each, were allotted under the ESOS 2017 Scheme on the same date. All shares were allotted upon payment of money by the allottees.
The scrip symbol for Federal Bank is FEDERALBNK, and the scrip code is 500469.
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