Mumbai: The Federal Bank Limited has allotted 3,19,613 equity shares to employees after the exercise of stock options under its Employee Stock Option Schemes (ESOS), according to a regulatory filing dated March 15, 2026.
The allotment was approved by the bank’s Nomination, Remuneration, Ethics and Compensation Committee.
Details of Share Allotment
The bank issued shares under two separate ESOS schemes:
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5,920 equity shares were allotted under the ESOS 2010 Scheme.
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3,13,693 equity shares were allotted under the ESOS 2017 Scheme.
Each share carries a face value of ₹2.
These shares were issued after the option grantees (employees) exercised their stock options and completed the required payment.
