Federal Bank Allots 1.12 Lakh Shares

New Delhi: The Federal Bank Limited has announced the allotment of 1,12,883 equity shares following the exercise of employee stock options under its ESOS 2010 and ESOS 2017 schemes.

According to the disclosure made to stock exchanges, the bank allotted 650 equity shares under the ESOS 2010 Scheme and 1,12,233 equity shares under the ESOS 2017 Scheme on January 4, 2026. Each equity share carries a face value of ₹2.

The allotments were approved by the Nomination, Remuneration, Ethics and Compensation Committee after receipt of the applicable exercise amounts from the employees.

This move forms part of the bank’s ongoing employee incentive and retention program.