Federal Bank allots equity shares on exercise of stock options under ESOS
Mumbai, Feb 23, 2026: Indian Private sector lender, Federal Bank has informed the exchanges about the allotment of equity shares on exercise of stock options pursuant to Employee Stock Option Scheme (ESOS). The Kerala-based bank has announced as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees:
1.Allotment of 7,050 (Seven Thousand and Fifty only) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2010 Scheme on February 23, 2026.
2. Allotment of 4,11,856 (Four Lakh Eleven Thousand Eight Hundred and Fifty-Six only) Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on February 23, 2026.
Shares of Federal Bank are trading down by 0.051% at Rs 292.45 at BSE.
