The Federal Bank Allots Shares Following Stock Option Exercise Under Multiple Employee Schemes
The Federal Bank Limited announced that it has completed the allotment of equity shares to option grantees who exercised their stock options across various employee schemes. These allotments were processed on July 11, 2026, and were approved by the Nomination, Remuneration, Ethics and Compensation Committee.The company granted shares under four different schemes: ESOS 2010, ESOS 2017, ESOS 2023, and ESIS 2023. All allotments were made following the payment of money by the respective option grantees.
Equity share allotment details are as follows:
| Scheme | Total Shares Allotted | Face Value Per Share |
|---|---|---|
| ESOS 2010 | 12,625 | Rs. 2/- |
| ESOS 2017 | 374,572 | Rs. 2/- |
| ESOS 2023 | 5,500 | Rs. 2/- |
| ESIS 2023 | 18,545 | Rs. 2/- |
The allotment of shares under the Employee Stock Option Schemes (ESOS and ESIS) reflects participation from employees through their stock options, with the Bank confirming these transactions were concluded as approved by the governing committee.
FEDERALBNK Stock Price Movement
Closing strongly on Friday, shares of The Federal Bank Limited surged by 0.69%, reaching ₹329.85 as institutional investors pushed the equity higher. This positive movement approached its 52-week high, fueled by robust trading activity with over 5.4 million shares transacted 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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