Federal Bank Allots 4.11 Lakh Equity Shares Under ESOP & ESIS Schemes on July 11

Mumbai, July 11, 2026: Federal Bank has allotted 4,11,242 equity shares to eligible employees following the exercise of stock options under multiple Employee Stock Option Schemes (ESOS) and the Employee Share Incentive Scheme (ESIS), according to a regulatory filing submitted to the stock exchanges.

The allotments were approved by the bank's Nomination, Remuneration, Ethics and Compensation Committee after employees exercised their vested stock options and completed the required payments.

The newly allotted shares carry a face value of ₹2 each and have been issued under four different employee incentive schemes.

Share Allotment Details

Federal Bank allotted shares under the following schemes:

• ESOS 2010: 12,625 equity shares

• ESOS 2017: 3,74,572 equity shares

• ESOS 2023: 5,500 equity shares

• ESIS 2023: 18,545 equity shares

In total, the bank issued 4,11,242 equity shares on July 11, 2026.

Why It Matters

Employee stock option plans are designed to align employees' interests with the long-term growth of the company by providing an ownership stake. Such allotments typically lead to a marginal increase in the bank's paid-up equity capital while helping attract and retain talent.

The latest issuance reflects the continued vesting and exercise of employee stock options under Federal Bank's long-term compensation framework.

Regulatory Disclosure

The bank informed both the BSE and the National Stock Exchange (NSE) about the allotment in compliance with applicable listing regulations. The shares have been allotted after employees exercised their vested options under the respective schemes.

Key Highlights

• Federal Bank allotted 4,11,242 equity shares on July 11, 2026.

• Shares were issued under ESOS 2010, ESOS 2017, ESOS 2023 and ESIS 2023.

• ESOS 2017 accounted for the largest allotment with 3,74,572 shares.

• The equity shares have a face value of ₹2 each.

• Allotment was approved by the bank's Nomination, Remuneration, Ethics and Compensation Committee.

Source: Federal Bank Regulatory Filing to BSE & NSE.