The Federal Bank Completes Equity Share Allotments Following Stock Option Exercise
The Federal Bank has made several equity share allotments after payment by allottees, following the exercise of stock options under multiple Employee Stock Option Schemes (ESOS). These allotments were completed on August 03, 2026.The bank allotted shares to option grantees across three distinct schemes: ESOS 2010, ESOS 2017, and ESIS 2023. All the allotments involved equity shares with a face value of Rs. 2/- per share.
The details of the completed allotments are provided below:
| Scheme | Total Equity Shares Allotted | Face Value Per Share | Exercise Date |
|---|---|---|---|
| ESOS 2010 | 13,876 | Rs. 2/- | August 03, 2026 |
| ESOS 2017 | 691,875 | Rs. 2/- | August 03, 2026 |
| ESIS 2023 | 13,315 | Rs. 2/- | August 03, 2026 |
The allotments signify the completion of the process for option grantees who exercised their stock options under these specific schemes.
FEDERALBNK Stock Price Movement
Shares of The Federal Bank Limited are edging higher to ₹359.30 as of 11:34 AM, gaining 0.13% in live trading. The equity maintains strong momentum, with the stock hitting a day high of ₹360.9 and establishing a new milestone toward its 52-week peak.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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