The Federal Bank Allots Equity Shares Following Exercise of Stock Options Under Multiple Schemes
The Federal Bank Limited has announced the allotment of equity shares to Option Grantees, following the exercise of stock options across various employee stock option schemes. These allotments were executed on July 05, 2026, subsequent to the payment of funds by allottees.As part of this process, the Bank completed four distinct allotments corresponding to different Employee Stock Option Schemes (ESOS and ESIS). All these allotted shares carried a face value of Rs. 2/- each.
The details of the share allotment across the various schemes are summarized below:
| Scheme | Date of Allotment | Equity Shares Allotted |
|---|---|---|
| ESOS 2010 | July 05, 2026 | 15,710 |
| ESOS 2017 | July 05, 2026 | 3,74,279 |
| ESOS 2023 | July 05, 2026 | 22,550 |
| ESIS 2023 | July 05, 2026 | 62,455 |
The allotments were made following the exercise of stock options under these schemes and represent equity shares issued to Option Grantees.
FEDERALBNK Stock Price Movement
Shares of The Federal Bank Limited shed 1.06% on Friday, settling at ₹327.4 as the equity closed lower for the session. This decline followed a volatile trading day in which the stock had previously touched its 52-week high of ₹334.3 before closing.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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